The Resource EU state aid rules and the lender of last resort : challenges to the notion of state aid in the wake of the financial crisis, Kira Krissinel

EU state aid rules and the lender of last resort : challenges to the notion of state aid in the wake of the financial crisis, Kira Krissinel

Label
EU state aid rules and the lender of last resort : challenges to the notion of state aid in the wake of the financial crisis
Title
EU state aid rules and the lender of last resort
Title remainder
challenges to the notion of state aid in the wake of the financial crisis
Statement of responsibility
Kira Krissinel
Creator
Contributor
Subject
Language
eng
Summary
This paper will attempt to elucidate the connection between LOLR theory and the current state aid regime as it applies to NCB intervention in the form of ELA and consider whether the two are compatible. Part I provides a brief overview of both the 'no crisis' and the 'in crisis' legal frameworks. Part II then ventures into the realm of LOLR theory, tracing back its origins and development recalling in particular its inceptions in late 19th Century and the subsequent academic debate as to the particular requirements for LOLR support. A parallel is then drawn between LOLR theory and state aid rules as they apply to ELA. Part III considers state aid rules and their application in the banking sector, specifically in relation to ELA, in more detail. An attempt to outline and analyse some of the problems with the approach to ELA under EU state aid rules is made. Part IV concludes, by making several suggestions on how the present regime could be clarified so as to avoid confusion in the area and promote legal certainty for central banks and governments
Member of
Cataloging source
IT-FiEUI
http://library.link/vocab/creatorName
Krissinel, Kira
Date time place
Award date: 23 November 2010
Index
no index present
Literary form
non fiction
Nature of contents
theses
http://library.link/vocab/relatedWorkOrContributorName
European University Institute
Series statement
  • LLM theses
  • EUI theses
http://library.link/vocab/subjectName
  • Government aid
  • Financial crises
  • Subsidies
Label
EU state aid rules and the lender of last resort : challenges to the notion of state aid in the wake of the financial crisis, Kira Krissinel
Instantiates
Publication
Note
Supervisor: H. Schweitzer
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEB16839079
Dimensions
30 cm.
Extent
63 pages
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)728727541
Label
EU state aid rules and the lender of last resort : challenges to the notion of state aid in the wake of the financial crisis, Kira Krissinel
Publication
Note
Supervisor: H. Schweitzer
Bibliography note
Includes bibliographical references
Carrier category
volume
Carrier category code
nc
Carrier MARC source
rdacarrier.
Content category
text
Content type code
txt
Content type MARC source
rdacontent.
Control code
FIEB16839079
Dimensions
30 cm.
Extent
63 pages
Media category
unmediated
Media MARC source
rdamedia.
Media type code
n
System control number
(OCoLC)728727541

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