State aid rules remain one of the decisive factors in dealing with distressed bank situations. But uncertainty remains over whether governments should be able to intervene and rescue banks in danger of failing.
State aid under the new EU bank resolution regime –
The spectre of state aid resurfaced again this summer as the Italian banking crisis and results of the EU’s bank stress tests raised the question of whether Europe’s banking sector is robust enough to survive another financial crisis, as Dr. Andreas Wieland, Christoph Arhold, Kai Struckmann, Michael Immordino of global law firm White & Case and Dr. Luis Correia da Silva, Peter Hope, Nicole Robins of Oxera Consulting LLP explain.
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