Author(s): Peter Benczur, Katia Berti, Jessica Cariboni, Francesca Erica Di Girolamo, Sven Langedijk, Andrea Pagano, Marco Petracco Giudici, European Commission
The euro area sovereign debt crisis brought to light the potential risks to public finances posed by the banking sector. This paper simulates the potential impact of bank defaults on public finances based on stress test scenarios using an advance analytical methodology.
|KC-AI-15-548-EN-N (online)||KC-AI-15-548-EN-C (print)|
|ISBN 978-92-79-44818-8 (online)||ISBN 978-92-79-44819-5 (print)|
|doi: 10.2765/734404 (online)||doi: 10.2765/7150 (print)|
Economic Papers are written by the staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and to seek comments and suggestions for further analysis. The views expressed are the author’s alone and do not necessarily correspond to those of the European Commission.