European Sovereign Debt Crisis (2008 - 2012)
Documents from 2018
NAMA End of Year Review 2018, Ireland: National Asset Management Agency
National Asset Management Agency, 2018 Annual Report, Ireland: National Asset Management Agency
National Asset Management Agency: Section 53 Annual Statement for 2019, Ireland: National Asset Management Agency
UPDATED: National Asset Management Agency Act 2009, Revised (Effective May 25, 2018), Ireland: Oireachtas and Brian Lenihan
Banking Crisis Management in the European Resolution Framework: From 'Bail-out' to 'Bail-In, Giampiero Maci
Covered Bonds under Unconventional Monetary Policy, Holger Markmann
A bank’s crisis: the case of Monte dei Paschi di Siena, Emanuele Menasci
Bad bank gets adverse audit opinion for 2014-2015 (adds), Slovene Press Agency (STA)
National Reform Programme 2018, Slovenia
ECB Interventions in Distressed Sovereign Debt Markets: The Case of Greek Bonds, Christoph Trebesch and Jeromin Zettelmeyer
Documents from 2017
Can the Provision of Long-Term Liquidity Help to Avoid a Credit Crunch? Evidence from the Eurosystem's LTRO, Philippe Andrade, Christophe Cahn, Henri Fraisse, and Jean-Stèphane Mèsonnier
Slovenia's Experience with NPL Resolution, Imre Balogh and Bank Assets Management Company (BAMC)/Družba za upravljanje terjatev bank, d.d. (DUTB)
Sale of good banks to UBI, Banca d'Italia/Central Bank of Italy
BAMC HALF-YEAR REPORT 2017 (September 2017), Bank Assets Management Company (BAMC)/Družba za upravljanje terjatev bank, d.d. (DUTB)
Lone Star picked as top candidate to buy Portugal's Novo Banco, Axel Bugge
The Effect of Central Bank Liquidity Injections on Bank Credit Supply, Luisa Carpinelli and Matteo Crosignani
Bulletin No. 12.2, December 16–31, 2016, Commissione Nazionale per le Societa e la Borsa
Italy Converts into Law an Emergency Decree Aimed at Rescuing Troubled Banks | Paul Hastings LLP, Bruno Cova, Eriprando Guerritore, Patrizio Braccioni, and Marc-Alexandre Courtejoie
Agreement on emergency liquidity assistance, European Central Bank (ECB)
State aid: Commission authorises precautionary recapitalisation of Italian bank Monte dei Paschi di Siena, European Commission
State Aid SA.47677 (2017/N) – Italy New aid and amended restructuring plan of Banca Monte dei Paschi di Siena, European Commission
Statement on Agreement in principle between Commissioner Vestager and Italian authorities on MPS, European Commission
State aid n. SA.49275 (2017-N) - Portugal Sale of Novo Banco with additional aid in the in the context of the 2014 Resolution of Banco Espirito Santo, S.A, European Union: European Commission
State Aids SA.39543 (2017/N-2), SA.41134 (2017/N-2), SA.43547 (2017/N-2) - Italy - Sale of the bridge banks Marche, Etruria and Carichieti to UBI Banca (third amendment to the resolution of the banks Marche, Etruria and Carichieti), European Union: European Commission
Taking bail-in seriously: The looming risks for banking policy in the rescue of Monte Paschi di Siena, Martin Gotz, Jan Pieter Krahnen, and Tobias Troger
Hellenic Financial Stability Fund's Annual Financial Report 2016 Press Release, Hellenic Financial Stability Fund
Republic of Slovenia: 2017 Article IV Consultation, International Monetary Fund (IMF)
NAMA redeems all of its Senior Debt, Ireland: National Asset Management Agency
Proceedings of the fact-finding investigation on the conditions of the Italian banking and financial system and the protection of savings, also with reference to supervision, crisis resolution and European deposit guarantee, Italian Senate Finance Commission
ECB Policies Involving Government Bond Purchases: Impact and Channels, Arvind Krishnamurthy, Stefan Nagel, and Annette Vissing-Jorgensen
Emergency Liquidity Assistance - moving away from “constructive ambiguity”?, M. Magnus and A. Xirou
Precautionary recapitalisations under the Bank Recovery and Resolution Directive: conditionality and case practice, B. Mesnard, M. Magnus, and A. Margerit
The precautionary recapitalisation of Monte dei Paschi di Siena, B. Mesnard, M. Magnus, and A. Margerit
On Emergency Liquidity Assistance: theory and evidence, John "Iannis" Mourmouras
Bail-ins and Bank Resolution in Europe, Thomas Philippon and Aude Salord
Atlante Closes Buy of 2.2 Bln Euros in Problem Loans from 3 Rescued Banks, Reuters Staff
Ed Sibley: Non-performing loans – the Irish perspective on a European problem, Ed Sibley
State Aid: Sixteenth Extension of the Portuguese Guarantee Scheme, Margrethe Vestager
Lone Star acquires 75% of Portugal's Novo Banco, Peter Wise
Documents from 2016
Banca delle Marche S.p.A.. Modifica del programma di risoluzione / Banca delle Marche SpA. Amendment of the resolution plan, Banca d'Italia/Central Bank of Italy
Call for expression of interest in relation to the transfer of Nuova Cassa di risparmio di Ferrara SpA, Nuova Banca delle Marche SpA, Nuova Banca dell'Etruria e del Lazio SpA, Nuova Cassa di risparmio di Chieti SpA, Banca d'Italia/Central Bank of Italy
Nuova Cassa di Risparmio di Ferrara S.p.A.. Transfer of non-performing loans to REV Gestione Crediti S.p.A., pursuant to Legislative Decree 180/2015, Banca d'Italia/Central Bank of Italy
Rapporto sulla stabilita finanziaria - Financial Stability Report, No. 1, Banca d'Italia/Central Bank of Italy
Bank of Slovenia Financial Stability Review, January 2016, Banka Slovenjie/Central Bank of Slovenije
Bank of Slovenia Policy Strategy Paper for Slovenia 2016 (December 2016), Banka Slovenjie/Central Bank of Slovenije
BAMC 2015 Operations Report to the National Assembly (in accordance with Article 15 of ZUKSB), Bank Assets Management Company (BAMC)/Družba za upravljanje terjatev bank, d.d. (DUTB)
BAMC Annual Report 2015, Bank Assets Management Company (BAMC)/Družba za upravljanje terjatev bank, d.d. (DUTB)
BAMC Annual Report 2016, Bank Assets Management Company (BAMC)/Družba za upravljanje terjatev bank, d.d. (DUTB)
BAMC Business Strategy 2016-2022, Bank Assets Management Company (BAMC)/Družba za upravljanje terjatev bank, d.d. (DUTB)
BAMC HALF-YEAR REPORT 2016, Bank Assets Management Company (BAMC)/Družba za upravljanje terjatev bank, d.d. (DUTB)
Merger of Factor banka and Probanka to BAMC confirmed by the Government of the Republic of Slovenia, Bank Assets Management Company (BAMC)/Družba za upravljanje terjatev bank, d.d. (DUTB)
Notification by Banca d'Italia (Italy) on one globally systemically important institution (G-SII), Bank of Italy
Matteo Renzi's referendum defeat risks Italy political crisis, BBC
Evaluating the impact of unconventional monetary policy measures: Empirical evidence from the ECB×ós Securities Markets Programme, Schwaab Bernd and Fabian Eser
Italian Government Guarantee for Italian Banks' Debt Securities, Clifford Chance
Annual Report Public Debt Management 2015, Cyprus Ministry of Finance
EBA publishes 2016 EU-wide stress test results | European Banking Authority, European Banking Authority
Decision (EU) 2016/1041 of the European Central Bank of 22 June 2016 on the eligibility of marketable debt instruments issued or fully guaranteed by the Hellenic Republic and repealing Decision (EU) 2015/300, European Central Bank (ECB)
Implementation Aspects of the Public Sector Purchase Program, European Central Bank (ECB)
Conclusion of ESM programme for Cyprus: an overview, European Stability Mechanism
COUNCIL RECOMMENDATION of 12 July 2016 on the 2016 National Reform Programme of Slovenia and delivering a Council opinion on the 2016 Stability Programme of Slovenia, European Union: Council of the European Union
Annual Report for the National Resolution Fund, European Union: European Commission
Commission Decision of 29.04.2016 on the state aid SA.39543 (2015/N), SA.41134 (2015/N), SA.41925 (2015/N), SA.43547 (2015/N) implemented by Italy: Amendment to the resolution of Banca Marche, Banca Etruria, Carife and Carichieti, European Union: European Commission
State Aid SA.39543 (2015/N), SA.41134 (2015/N), SA.41925 (2015/N), SA.43547 (2015/N) - Italy Second amendment to the Resolution of Banca delle Marche S.p.A., Banca Popolare dell'Etruria e del Lazio Soc. Coop., Cassa di Risparmio di Ferrara S.p.A. and Cass, European Union: European Commission
Bad luck for backers of Portugal's 'good bank', Financial Times
Cleaning-up Bank Balance Sheets: Economic, Legal, and Supervisory Measures for Italy, José Garrido, Emanuel Kopp, and Anke Weber
The effectiveness of the ECB's asset purchase programs of 2009 to 2012, Heather Gibson, Stephen G. Hall, and George S. Tavlas
European banks: New rules, old problems, Thomas Hale
Fourteen asset managers sue Portuguese central bank, Thomas Hale and Martin Arnold
Report of the Hellenic Financial Stability Fund's Activities for the period July - December 2015, Hellenic Financial Stability Fund
Comptroller and Auditor General: Special Report National Asset Management Agency's sale of Project Eagle, Ireland: Comptroller and Auditor General
PAC to hold series of meetings on C&AG report on Project Eagle, Ireland: Oireachtas
Report of the Joint Committee of Inquiry into the Banking Crisis. Government of the Republic of Ireland, Ireland: Oireachtas: Joint Committee of Inquiry into the Banking Crisis
Report of the Joint Committee of Inquiry into the Banking Crisis, Dept. of Finance DOF: Core Book 19, Ireland: Oireachtas: Joint Committee of Inquiry into the Banking Crisis and Ireland: Department of Finance/An Roinn Airgeadais
Report of the Joint Committee of Inquiry into the Banking Crisis, NAMA: Core Book 43, Ireland: Oireachtas: Joint Committee of Inquiry into the Banking Crisis and Ireland: National Asset Management Agency
DECRETO-LEGGE 23 dicembre 2016, n. 237 - Normattiva, Italian Government
Bank of Greece appoints special liquidator for NPL portfolio management, Nabiha Javaid
Economic Letter: Housing supply after the crisis, Gerard Kennedy and Rebecca Stuart
Fluid Dynamics: Emergency Liquidity Assistance during the Eurocrisis, Nicholas Anthony Lee
Italy sets up fund to help troubled banks; Move to create €20 billion fund comes shortly after Monte dei Paschi says it failed to raise capital, Giovanni Legorano
Sale of Propertize B.V. finalized, NL Financial Investments
Dutch gov't sells SNS Reaal real estate division for EUR900 million, NL Times
Piraeus Bank Annual Report 2015, Piraeus Bank
Piraeus Banks Financial Statements Information 2015, Piraeus Bank
Italy to bail out Monte dei Paschi di Siena bank, James Politi, Martin Arnold, and Rachel Sanderson
Italy’s Constitutional Referendum: What You Need to Know, Elisabetta Povoledo
Q&A with Bank of Italy Governor Ignazio Visco, Silvia Sciorilli Borrelli
Regulation Amending the Regulation Implementing Measures to Strengthen Bank Stability (In Slovene, Uredba o spremembah in dopolnitvah Uredbe o izvajanju ukrepov za krepitev stabilnosti bank) (Oradni list RS, st. 22/2016 z dne 25.3.2016), Slovenia: Official Gazette (Uradni List Republike Slovenije)
Resolving Banco Espirto Santo: An Overview of the Application of Recovery and Resolution Measures in Portugal, Mariana Solá de Albuquerque and LuÃs Branco
Anbang turns Vivat a profit-maker, Zhuan ti
Italian cabinet gives green light to Monte dei Paschi di Siena bailout, Jill Treanor and Stephanie Kirchgaessner
Bank Resolution and 'Bail-In' in the EU: Selected Case Studies Pre and Post BBRD, World Bank/World Bank Group
Bank resolution and bail-in in the EU: selected case studies pre and post BRRD (English), World Bank/World Bank Group
UPDATE 1-Italian Bank Rescue Fund Atlante to Buy More Bad Loans, Valentina Za and Andrea Mandala
Documents from 2015
Former head of collapsed Portuguese bank BES put under house arrest, Agence France Presse (AFP)
Portugal Imposes Losses on Some Novo Banco Senior Bonds, Henrique Almeida and Anabela Reis
Productive Reconstruction Minister attacks central banker over ATEBank break up, Athens News Agency
Information on Resolution of Banca Marche, Banca Popolare Dell'Etruria e Del Lazio, Carichieti, and Cassa Di Risparmio Di Ferrara Crises, Banca d'Italia/Central Bank of Italy
Press Release December 30, 2015, Banca d'Italia/Central Bank of Italy