01759cas a2200241 a 4500 AALejournalIMF013436 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475559996 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Monetary and Capital Markets Department. European Union : Publication of Financial Sector Assessment Program Documentation-Technical Note on Progress with Bank Restructuring and Resolution in Europe. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (26 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 This article is an analysis on the restructuring banking system of the European Union. The global financial crisis created the need to restructure by immensely reflecting weaknesses in the public, households, corporate, and other financial sectors. The restructuring includes the strengthening of bank resolution tools, the activation of nonperforming loans, the maintenance of macrofinancial framework, recovery of market access, and so on. The Executive Board recommends this transition of the European Union because this paves the way to financial stability globally. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/067 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/067/002.2013.issue-067-en.xml IMF e-Library