This book investigates the merits of a diverse banking system with a special focus on the performance and role of cooperative banks in seven European countries where they are prominent (Austria, Finland, France, Germany, Italy, the Netherlands and Spain). The theoretical and empirical arguments...

International standards and norms in banking regulations have, once again, leapt to the forefront of policy discussions in developed nations due to the recent crisis in the world's financial markets. These discussions are not new, nor do they apply exclusively to the world's most advanced...

The next few years will be critical for Europe's banking industry as it faces a number of financial sector reforms that will have a decisive impact on the dominant practices and business models followed across the EU. This timely report presents the results of the first screening exercise...

In this new policy brief, CEPS Senior Fellow Rym Ayadi and Antonio Fanelli, of the OECD, propose a blueprint for a new framework for micro and medium-sized enterprise development in the context of the ongoing Euro-Mediterranean cooperation with a new role for the Union for the Mediterranean...

Amidst talks of establishing an EU-wide banking union, the recent changes in the regulatory framework and the rethinking of the future of European banking structure, the future of EU bank regulation is inextricably linked to banks' business models. Using a sample of over 70 banks, which overlaps...

This Policy Brief provides a preliminary diagnosis of the proposed regulatory reforms contained in the Capital Requirements Directive and Regulation (CRD IV-CRR), which translate into EU law the Basel III standards adopted by the Basel Committee for Banking Supervision, and suggests avenues for...

In the wake of the unprecedented uprisings that brought to an end decades of repressive authoritarian rule, the Southern Mediterranean region has reached a turning point in its history, presenting many opportunities and challenges for the EU. In this MEDPRO Policy Paper, Rym Ayadi and Carlo...

In the aftermath of the financial crisis, the foundations of modern and innovative financial systems developed over decades have suffered serious damage. This has triggered massive state interventions and has led authorities to revamp the regulatory structures and frameworks. While many voices...

The employment and social impact of the global financial and sovereign European crises has been particularly severe in the Euro-Mediterranean region. Southern, Eastern and Northern Mediterranean countries have all been experiencing a prolonged employment crisis, whereas the improving employment...