If only one didn’t have to get from here to there. As so often with EU proposals, banking supervision plans – which would make the European Central Bank the ultimate prudential supervisor for about 6,000 eurozone banks – have a high-level logic. Bank sector risk would be managed with less scope for domestic political indulgence. The nexus between sovereign debt issuance and local bank support, a large factor in the eurozone crisis, should be lessened. Pan-European schemes for dealing with failing banks and protecting depositors could become simpler to enforce. All of which would make the banking landscape less scary.
如果不用經過這個艱難的過程就好了。就像很多歐盟提案一樣，其銀行監管計劃（這將使歐洲央行成爲歐元區6000家銀行的最終監管者）具有高層次的邏輯。銀行業風險得到集中管理，不讓國內政治有太大的插手空間。主權債務發行和當地銀行支持（這是釀成歐元區危機的一大因素）之間的糾結應該減輕。處理陷入困境的銀行和保障儲戶的泛歐計劃可以更簡單地執行。這一切都會使歐洲銀行業版圖變得不那麼可怕。