Proces tworzenia unii bankowej w krajach Eurolandu
The process of creating the banking union in the Eurozone

Summary/Abstract: The main subject of this paper is to analyze the process of creating the banking union in the countries of Euroland, which has already been initiated. The main aim of this process is to stabilize the banking system in the euro area. The banking union will be based on three pillars: the common system of banking supervision, the mechanism of restructuring and liquidation for banks and the join system for bank deposit guarantee. The process of creating banking union is very difficult because particular countries do not want to give up part of their sovereignty to the EU institutions and are afraid to take part of financial responsibility in case of banks’ failures in other countries.

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