The Lender of Last Resort in the European Single Financial Market /

This paper examines challenges in effectively implementing the lender-of-last-resort function in the EU single financial market. Briefly highlighted are features of the EU financial landscape that could increase EU systemic financial risk. Briefly described are the complexities of the EU's fina...

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Bibliographic Details
Main Author: Teixeira, Pedro Gustavo
Other Authors: Schinasi, Garry
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/127
Online Access:Full text available on IMF