place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how … governments can effi ciently relieve ailing banks from toxic assets by transferring these assets into a publicly sponsored workout … of toxic assets and gives the banks a fresh start. At the same time, it offers the chance to keep the cost to taxpayers …

growing presence of Japanese banks in Western Europe. … world economy have created substantial pressures for her banks and other financial institutions to expand overseas. The …

In the last issue of Intereconomics, a first article by the present authors looked into the measures that central banks …

Despite the experience of the ongoing sovereign debt crisis, European banks continue to hold large amounts of bonds … from their home governments. This ties the fates of the sovereign and the banks together, leading to the disruptive self …-reinforcing feedback loops that brought the euro area to the brink of collapse. This article addresses how banks can be weaned off of their …

During a financial crisis, pressure on Central banks to act as a lender of last resort (LLR) and to offer emergency … liquidity assistance to troubled banks increases. The European Central Bank, however, has announced that it does not regard it … as its principal task to provide emergency liquidity to troubled banks and that it does not wish to disclose the …