The financial crisis of 2014? Unwinding state aid without unwinding the economy
Uniquely in Europe, state aid policy has been used in the financial crisis to control the flow of public funds to the banking sector. For the next few years, state aid decisions will determine the timetable for aid to be withdrawn and for market principles to be restored. What lessons does the crisis provide for future state aid policy in banking? Can policy-makers put competition first? Can they take a tough approach without provoking a further crisis? And how should the difficult economic trade-offs be managed?
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
3rd Party Cookies
This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!