This CEPS Policy Brief examines the provisions for bail-in in the European Union – that is, the principle whereby any public measure to recapitalise a bank with insufficient prudential capital must be preceded by a write-down or conversion into equity of creditors' claims – in state aid...

This CEPS Policy Brief examines the provisions for bail-in in the European Union – that is, the principle whereby any public measure to recapitalise a bank with insufficient prudential capital must be preceded by a write-down or conversion into equity of creditors’ claims – in state aid...

This Policy Brief describes and discusses the proposals for a European Single Resolution Mechanism (SRM) for banks and for a Directive on Bank Recovery and Resolution (BRR). The authors find that the proposals are generally well designed and present a consistent approach, yet there is room for...

This Policy Brief describes and discusses the proposals for a European Single Resolution Mechanism (SRM) for banks and for a Directive on Bank Recovery and Resolution (BRR). The authors find that the proposals are generally well designed and present a consistent approach, yet there is room for...

The Green Deal and competitive sustainability are at the very heart of the EU political agenda. Against this background, the debate on the role of competition policy often focuses on how to interpret or adapt competition law to meet sustainability goals. However, this is only part of the...

The 2020 Package on Shaping Europe’s Digital Future On February 19th, 2020, a few days before the outbreak of COVID-19, the European Commission published a package of four documents on the digital transformation in the EU: a general communication on shaping Europe’s digital future, a...

Contents: Foreword by Andrea Camanzi -- Preface -- Part I: Background -- 1. The role of benchmarking in efficiency-enhancing strategies / Chris Nash and Ginevra Bruzzone -- 2. Methodology / Andrew Smith, Giovanni Fraquelli and Carlo Cambini -- 3. The issue of data / Ginevra Bruzzone and Chris...