ECONOMIC IMPACT OF THE EUROPEAN BANKING UNION (EBU)

Abstract

The European Banking Union (EBU) represents a significant development in the financial integration of the European Union (EU). This paper examines the social and economic impacts of the EBU, analyzing its effects on financial stability, banking sector resilience, and consumer protection across the EU. Through a comprehensive review of literature and policy analysis, the study highlights both the successes and challenges of the EBU in fostering a more integrated and robust banking system. The paper concludes by identifying areas for future research, particularly concerning the EBU’s role in addressing emerging risks and its implications for the broader EU financial system.