CARGA_FINAL_ARTICULOS_CUADERNOS_20200729
Significance and characteristics of burden-sharing in the recapitalization of Spanish banks
One of Spain’s commitments under the MoU signed with the EU for aid to the financial sector was to carry out a so-called burden-sharing exercise. Current estimates for the impact of the exercise point to a private sector contribution of nearly 13 billion euros, i.e.