Unsustainable Europe: How Will Explode the Banking System and Public Debt

4 Pages Posted: 17 Mar 2017 Last revised: 2 Apr 2017

See all articles by Danilo Stentella

Danilo Stentella

University of Siena - Faculty of Economics

Date Written: March 15, 2017

Abstract

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

Stentella, Danilo, Unsustainable Europe: How Will Explode the Banking System and Public Debt (March 15, 2017). Available at SSRN: https://ssrn.com/abstract=2933601 or http://dx.doi.org/10.2139/ssrn.2933601

Danilo Stentella (Contact Author)

University of Siena - Faculty of Economics ( email )

Piazza San Francesco, 7
I-53100 Siena, 53100
Italy

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