the regulations, non-euro area Member States, including Hungary, may notify the ECB at any time if they wish to …

analyses the role of the European Central Bank (ECB) during the first phase of this crisis, both in its capacity as a monetary … Mechanism (SSM), with particular emphasis on the treatment of non-performing loans (NPLs). Its specific contribution to …

This study assesses the European Central Bank’s (ECB) crisis management performance and potential for crisis resolution …. The study investigates the institutional and functional constraints that delineate the ECB’s scope for policy action under … that the ECB may well stand out positively when compared to other important euro-area or national authorities involved in …

later conferred on the ECB by the Single Supervisory Mechanism (SSM) Regulation. The paper describes the ECB … ECB. Financial stability has been a key policy function of the ECB since its inception. Macroprudential policy tasks were …, as well as specific aspects of this policy area in a monetary union such as the euro area. The ECB's responsibilities …