2023
DOI: 10.1111/jcms.13504
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Differences in Covid‐Related Regulatory Forbearance Within and Outside the Banking Union – The Case of East‐Central European EU Member States

Abstract: This article analyses the practice of Covid‐related bank regulatory forbearance measures of eight East‐Central European Union member states from the perspective of differentiated integration. In line with the integration‐deepening nature of the Single Supervisory Mechanism, our expectation was that countries within the Banking Union (BU) would impose harmonized forbearance measures, while non‐BU members would use more discretional measures. Indeed, the practice of forbearance measures is significantly more har… Show more

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