The Single Market and Synchronized Mechanisms for the Exercise of Administrative Functions: Converging Pathways or new Pathways for Integration? The Case of the European Banking Union
The EBU represents a clear investment in administrative integration with clear implications for the constitutional features of the EU. This paper aims to give an analysis of the administrative arrangements, through which the functions of supervision and resolution are affecting the single financial market. This case study is very interesting because these functions represent a genuine novelty in the history of financial integration since they are pre-ordained to a specific public interest: financial stability.