DIW Lecture on Money and Finance

Isabel Schnabel

Regulation of Sovereign Exposures

The sovereign-bank nexus remains a major vulnerability of the euro area. While the introduction of the Single Supervisory Mechanism and the Single Resolution Mechanism have helped to mitigate the nexus, no progress has been made with respect to the regulation of sovereign exposures. In the talk, Isabel Schnabel explains why the sovereign-bank nexus matters, how sovereign exposures could be regulated (including some empirical simulations), and how this issue is related to other reform streams in the euro area.

To register, please confirm your participation by August 20, 2019 at the email: events@diw.de

Isabel Schnabel
  • Dorothea Schäfer
    +49 30 89789 162