CESifo Forum 4/2012 (Winter)

European Banking Union - Focus: A Banking Union for Europe: Part of an Encompassing Long-term Governance Structure, No Short-term Fix (Christoph M. Schmidt and Benjamin Weigert) - Towards a European Banking Union (Ignazio Angeloni) - Banking Union: Inevitable, But Profoundly Challenging? (Iain Begg) - Banking Union in the Making (Stefano Micossi) - European Banking Union: Necessary, But Not Enough to Fix the Euro Crisis (Fritz Breuss) - Monetary Policy and Banking Supervision: Coordination Instead of Separation (Thorsten Beck und Daniel Gros) - Some of the Pros and Cons of Central Banking Supervision by the ECB (Friedrich L. Sell) - After the ‘Whatever-it-takes’ Bail-out of Eurozone Bank Bondholders: The Eurozone’s Wasted Opportunity for a Banking Union That Protects Sovereign Finance (Hans-Joachim Dübel) - Specials: Target Losses in Case of a Euro Breakup (Hans-Werner Sinn) - Trapped in the EMU? (Thomas Mayer) - Public Sector Austerity: Path to Crisis or Path to Recovery? (Maks Tajnikar and Petra DošenoviČ BonČa) - The Role of the State in the Financial System (Andreas Dombret) - Spotlight: Energy and Climate News (Marc Gronwald and Jana Lippelt) - Trends: Statistics Update