01725cas a2200241 a 4500 AALejournalIMF011162 230101c9999 xx r poo 0 0eng d 5.00 USD 9781462338542 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Euro Area Policies : 2011 Article IV Consultation-Lessons from the European Financial Stability Framework Exercise; and Selected Issues Paper. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (145 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The European Union's (EU) financial stability framework is being markedly strengthened. This is taking place on the heels of a severe financial crisis owing to weaknesses in the banking system interrelated with sovereign difficulties in the euro area periphery. Important progress has been made in designing an institutional framework to secure microeconomic and macroprudential supervision at the EU level, but this new set-up faces a number of challenges. Developments regarding the financial stability may assist in the continuing evolution of the European financial stability architecture. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/186 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/186/002.2011.issue-186-en.xml IMF e-Library