Article in Journal
Banking Union: the Illusion of Safety?
Joachim Weeber
ifo Institut, München, 2014
ifo Schnelldienst, 2014, 67, Nr. 14, 15-22
ifo Institut, München, 2014
ifo Schnelldienst, 2014, 67, Nr. 14, 15-22
![](https://www.ifo.de/DocImg/ifosd_2014_14_2.jpg?c=1689236993)
Joachim Weeber, Nordakademie, Hochschule der Wirtschaft, Elmshorn, explains why he believes that expectations that the banking union will be able to prevent future systematic crisis are exaggerated. Instead, the goal should be to set up a banking supervisory authority as a supranational independent institution.
JEL Classification: F330, F340, E580