Unsustainable Europe: How Will Explode the Banking System and Public Debt
4 Pages Posted: 17 Mar 2017 Last revised: 2 Apr 2017
Date Written: March 15, 2017
The amendment of the Article 507 of the CRR, Capital Requirements Regulation, proposed by the European Commission, would expose member States of European Union to immediate failure for debt interest sudden rise, but would also expose to a higher risk of failure some national banking systems as a whole.
Keywords: Banking System, public accounting system, Europe, UE, state bailout
JEL Classification: E44
Suggested Citation: Suggested Citation