European Monetary Union's Single Banking Supervision Mechanism: Another Brick in the Wall?

European Monetary Union's Single Banking Supervision Mechanism: Another Brick in the Wall?

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European Monetary Union's Single Banking Supervision Mechanism: Another Brick in the Wall?

The recent Brexit raised awareness about EU citizens’ frustration over the ‘democratic deficit’ and its dangerous potential implications for EU/EMU’s future. In the light of this new context, this paper tries to assess whether the EMU’s Single Banking Supervision Mechanism (SSM)—a major pillar of a Banking Union, which is part of a recent broader vision, aiming at the creation of economic…

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