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! Image
BOOOOM
bucata la sogli di 1.40
boscaioli ne abbiamo?👽😂 Image
Read 746 tweets
#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
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
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
Read 12 tweets
...@bancaditalia CODADEPAJA
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... 👏👏
Read 317 tweets
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
Read 4 tweets
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
Read 6 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!