Policy Paper
Bertelsmann Stiftung (Hrsg.)
Dr. Kilian Huber, Dr. Dominic Ponattu
Banking Crises, Firms and their International Affiliates in the EU
- Ausgabeart
- Erscheinungstermin
- 26.09.2019
- Umfang/Format
- 28 Seiten, PDF
Format
-
PDF
Preis
kostenlos
Beschreibung
In the EU Single Market, companies operate across national borders with branches throughout Europe. This promotes competition and growth. But firm networks across Europe can help banking crises spread, finds a new study by Bertelsmann Stiftung. A banking crisis abroad would hit the UK economy by up to 30 billion euros annually through foreign firms operating in the UK – and a UK banking crisis due to Brexit would hit European economies equally hard.