The Application of the Principles of Restructuring Aid to Banks during the Financial Crisis

[...] do no Harm" In light of these considerations, the golden rule for State aid policy (particularly in these circumstances) must therefore be: "First, do no harm. [...] the Commission's insistence on balance sheet reductions for beneficiary banks beyond what was necessary from a vi...

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Veröffentlicht in:European state aid law quarterly 2010-01, Vol.9 (1), p.47-64
Hauptverfasser: Ahlborn, Christian, Piccinin, Daniel
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container_title European state aid law quarterly
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creator Ahlborn, Christian
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description [...] do no Harm" In light of these considerations, the golden rule for State aid policy (particularly in these circumstances) must therefore be: "First, do no harm. [...] the Commission's insistence on balance sheet reductions for beneficiary banks beyond what was necessary from a viability perspective has led to additional constraints on lending and may have worsened the credit crunch.
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identifier ISSN: 1619-5272
ispartof European state aid law quarterly, 2010-01, Vol.9 (1), p.47-64
issn 1619-5272
2190-8184
language eng
recordid cdi_proquest_journals_603216023
source Jstor Complete Legacy; HeinOnline Law Journal Library
subjects Balance sheets
Banking industry
Banks
Competition
Moral hazard
Mortgages
Regulation of financial institutions
Studies
title The Application of the Principles of Restructuring Aid to Banks during the Financial Crisis
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