Who will pay for a crisis on the European financial market?
A host country’s perspective
Collection of presentations made at the ‘Poland and the integration of the EU financial markets’ seminar held on June 20th 2007 in Warsaw with the aim to discuss issues related to the security of the banking system in the EU and help find answers to the following questions: Who will pay for the bankruptcy of cross-border financial institutions? Must internationalisation of benefits in a period of prosperity be accompanied by nationalisation of losses in a period of crisis? Is it possible to create a European financial safety net on the unified EU financial market? Participants of the seminar included academic professors and representatives of the Central Bank, Financial Supervisor, Banking Guarantee Fund and Finance Ministry.
Seminar and publication within cooperation with The Gdańsk Institute for Market Economics. The publication is available at the Academic Discussion Site ‘Poland and the integration of the EU financial market’.
Poland, January 15, 2008