Discover and read the best of Twitter Threads about #bankingunion
Most recents (5)
Oggi LadyLaga...
Il banco chiude...sondaggio e scommesse finite...
VINCE KARLSRHUE SUL TRENINO
che amarezza!!😂😂👽
tra 15 minuti il responso finale!
VINCE KARLSRHUE SUL TRENINO
che amarezza!!😂😂👽
tra 15 minuti il responso finale!
BOOOOM
bucata la sogli di 1.40
boscaioli ne abbiamo?👽😂
bucata la sogli di 1.40
boscaioli ne abbiamo?👽😂
#COVID19 Economic Crisis: Sharing the Burden in Europe
Plenty of liquidity is on its way. It’s time to think about the distribution of losses. In the spirit of solidarity and in the view of spillovers, burden sharing should not remain an entirely national matter.
A thread 1/12
Plenty of liquidity is on its way. It’s time to think about the distribution of losses. In the spirit of solidarity and in the view of spillovers, burden sharing should not remain an entirely national matter.
A thread 1/12
National measures have been announced to change the allocation of losses across sectors:
Households ➡️ public, eg via social safety nets
Corporates ➡️ public, eg via loan guarantees and grants
Corporates & HH ➡️ banks, eg via mortgage moratoria
2/12
Households ➡️ public, eg via social safety nets
Corporates ➡️ public, eg via loan guarantees and grants
Corporates & HH ➡️ banks, eg via mortgage moratoria
2/12
The crisis hits the corporate sector hard. We must avoid corporate-sovereign doom loops. ☠️💥☠️
Therefore, we ideally deploy European burden sharing BEFORE national losses are passed on public balance sheets.
Too little discussion is taking place on this!
3/12
Therefore, we ideally deploy European burden sharing BEFORE national losses are passed on public balance sheets.
Too little discussion is taking place on this!
3/12
...@bancaditalia CODADEPAJA
....e qui capite la CODADEPAJA
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I prestiti TLTRO di #PopBari dal bilancio 2015..."anche a nome delle nuove controllate" chiesti ulteriori 516 milioni in 3 mesi...
Evento in stile
#ECB/@bancaditalia 's Ponzi Scheme... 👏👏
Evento in stile
#ECB/@bancaditalia 's Ponzi Scheme... 👏👏
This morning I will report to the #EuroSummit on the work done by the #Eurogroup to deepen EMU. We made big progress on all files and will continue to work on the coming months to complete our mandate. 1/4
On the Eurozone budget all key features have been agreed. The #BICC will be anchored in the EU budget, and we are discussing possible additional resources. 2/4
On the @ESM_press reform we have an agreement in principle. There are a couple of small legal issues that need clarifying and national procedures to be followed. 3/4
Our financial stability discussants on #BankingUnion, the #CMU & systemic impacts of #Fintech are B. Martenczuk (@EBFeu), D. Laboureix (@EU_SRB), M. Hellwig (@maxplanckpress), F. Demarigny (Next CMU HLEG) and C. Stiefmüller (@forfinancewatch) #FWconference2019
@EBFeu @EU_SRB @maxplanckpress @MacroPru "If we think about capital requirements in #Basel3, big banks are back where they were in the late 90s and still using internal models for risk weighting etc. which leaves banks very vulnerable" Martin Hellwig in its #FWconference2019 keynote
@EBFeu @EU_SRB @maxplanckpress @MacroPru @WEED_eV @TI_EU @TNInstitute @SOMO @Suedwind_eV @monnetaorg @PositiveMoneyUK @NEF @UNI_Europa @etuc_ces "The @EU_SRB is about getting banks ready to withstand a resolution - it means loss absorption capacity but it also means organising banks business in a way that is resolvable" Dominique Laboureix at #FWconference2019
