Two proposals to resurrect the Banking Union: The Safe Portfolio Approach and SRB+

CEPR Policy Insight No 108

Luis Garicano

A new CEPR Policy Insight proposes two solutions to provide a politically and economically viable path to revive the Banking Union. First, by creating a model 'Safe Portfolio' and incentivising banks to move toward it. Second, empowering the Single Resolution Board (SRB) by reforming the resolution framework and setting up a European deposit insurance.