Analogie, differenze e interazioni tra il Meccanismo europeo di stabilità e il Meccanismo di risoluzione unico

This paper is devoted to grasp similarities, differences and interactions between the European Stability Mechanism and the Single Resolution Mechanism, with particular regard to the level of control on their activity and to the relationships between them and the EMU institutions. To this end, its analysis is conducted under a comparative profile. Firstly, it examines the ambit of application of these mechanisms, their organisation and decision-making processes. Secondly, it focuses on their goals, resources and tools. Thirdly, it explores the most important features of their loans. Finally, it seeks to evaluate their joint impact on resolution for banks in the EMU.