How Long to Read Estimating the Bridge Financing Needs of the Single Resolution Fund

How Long Does it Take to Read Estimating the Bridge Financing Needs of the Single Resolution Fund?

It takes the average reader and 32 minutes to read Estimating the Bridge Financing Needs of the Single Resolution Fund by Willem Pieter De Groen

Assuming a reading speed of 250 words per minute. Learn more

Description

The Single Resolution Board (SRB) will be responsible for the resolution of banks in the euro area from 1 January 2016. However, the resources of the Single Resolution Fund (SRF) at the disposal of the SRB will only gradually be built up until 2023. This paper provides estimates of the potential financing needs of the SRF, based on the euro area bank resolutions that actually occurred between 2007 and 2014. We find that the SRF would have been asked to put a total amount of about €72 billion into these failing banks, which is more than the target for the SRF (€55 billion) but less than the amount the SRF could draw on, if the ex-post levies are also taken into account. As this sum would have been required over eight years the broad conclusion is that bridge financing, in addition to the existing alternative funding, would only have been needed in the early years of the transition.

How long is Estimating the Bridge Financing Needs of the Single Resolution Fund?

Estimating the Bridge Financing Needs of the Single Resolution Fund by Willem Pieter De Groen is 32 pages long, and a total of 8,064 words.

This makes it 11% the length of the average book. It also has 10% more words than the average book.

How Long Does it Take to Read Estimating the Bridge Financing Needs of the Single Resolution Fund Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 44 minutes to read Estimating the Bridge Financing Needs of the Single Resolution Fund aloud.

What Reading Level is Estimating the Bridge Financing Needs of the Single Resolution Fund?

Estimating the Bridge Financing Needs of the Single Resolution Fund is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Estimating the Bridge Financing Needs of the Single Resolution Fund?

Estimating the Bridge Financing Needs of the Single Resolution Fund by Willem Pieter De Groen is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

To buy Estimating the Bridge Financing Needs of the Single Resolution Fund by Willem Pieter De Groen on Amazon click the button below.