DC FieldValueLanguage
dc.contributor.authorGikas, Grigorios-
dc.contributor.authorKyritsis, Kostantinos-
dc.contributor.authorKolovou, Evaggelia-
dc.date.accessioned2024-07-02T10:36:30Z-
dc.date.available2024-07-02T10:36:30Z-
dc.date.issued2018-02-02-
dc.identifiergoogle_scholar-yOB-BT4AAAAJ:0N-VGjzr574C-
dc.identifier.issn2083-4314-
dc.identifier.otheryOB-BT4AAAAJ:0N-VGjzr574C-
dc.identifier.urihttps://uniwacris.uniwa.gr/handle/3000/2653-
dc.description.abstractThe significant repercussions of the recent crisis in the financial sector and the real economy have led to the development of policies aimed at strengthening the stability of the international banking system. Banking regulatory reforms (Basel III) improve micro-prudential supervision and involve macro-prudential supervision to avoid systemic risk. Capital requirements are tightening up and the quality of core capital is upgraded in order to provide greater coverage of losses and better risk management. In addition, a new framework for liquidity risk is introduced, as well as a complementary tool for limiting leverage. Recently, an agreement was reached in the EU to establish a Banking Union in the Eurozone, based on uniform reg-ulation, supervision, bank clearing and deposit protection mechanisms. This framework includes a com-mon banking capital for bank consolidation, which aims to reduce the impact on savers.This study aims to analyse the banking sector's activities and the constituent elements of the existing regulatory framework, particularly those involved in the causes of the financial crisis. It also aims to present the dimensions of the new regulatory framework for joint supervision leading to the European Banking Unionand to analyse the pillars that form it, even though they are still in progress. The analysis will also build on the experiences from the recent crisis, in order to reach clear conclusions about the necessity and role of the Banking Union.en_US
dc.language.isoenen_US
dc.relation.ispartofCentral European Review of Economics & Financeen_US
dc.sourceCentral European Review of Economics & Finance 24 (2), 45-56, 2018-
dc.subjectMonetary policyen_US
dc.subjectCentral banks and their policiesen_US
dc.subjectFinancial aspects of economic integrationen_US
dc.titleThe Economic Crisis of 2008 and the Financial System Supervision: Towards an European Banking Unionen_US
dc.typeArticleen_US
dc.identifier.doi10.24136/ceref.2018.009en_US
dc.relation.deptDepartment of Business Administrationen_US
dc.relation.facultySchool of Administrative, Economics and Social Sciencesen_US
dc.relation.volume24en_US
dc.relation.issue2en_US
dc.identifier.spage45en_US
dc.identifier.epage56en_US
dc.collaborationUniversity of West Attica (UNIWA)en_US
dc.subject.fieldSocial Sciencesen_US
dc.journalsOpen Accessen_US
dc.publicationPeer Revieweden_US
dc.countryGreeceen_US
local.metadatastatusverifieden_US
item.fulltextNo Fulltext-
item.grantfulltextnone-
item.openairetypeArticle-
item.languageiso639-1en-
item.cerifentitytypePublications-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
crisitem.author.deptDepartment of Business Administration-
crisitem.author.facultySchool of Administrative, Economics and Social Sciences-
crisitem.author.parentorgSchool of Administrative, Economics and Social Sciences-
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