The European Central Bank has always been more than a central bank – it is an evangelist for the entire currency union project. When it became home to the single supervisory mechanism (SSM) in 2014, it added the banking union to its mission.
It is a tough time to be making that case. Europe’s largest financial centre, the UK, is leaving the internal market; meanwhile, members of the emerging coalition government in Italy have expressed scepticism about the euro, and about a key element of the r
The week on Risk.net, September 8-14, 2018Receive this by email