511 Copyright © 2016, IGI Global. Copying or distributing in print or electronic forms without written permission of IGI Global is prohibited. Chapter 21 DOI: 10.4018/978-1-4666-9548-1.ch021 The Role of Securitization Market in the Post-Crisis European Economic Recovery ABSTRACT European national economies begin to recover, and securitization can play an important role in support- ing both monetary and fnancial stability. In particular, securitization may allow banks to lend without over-committing of the capital and other sources of funding, and thereby to provide indirect market access to borrowers. Otherwise, such borrowers as SME’s are not able to tap markets directly. At the same time securitization sufers from stigma, refecting both its adverse reputation among investors and conservatism among regulators and standard-setters. This is the consequence of misaligned incentives in years prior to the fnancial crisis, when industry participants became entwined in a self-reinforcing dynamic between demand and supply of securitizations. Using data accessible within the period of 2009-2014, the chapter will input by the analysis of transformation in the securitization market within the post-crisis economic recovery of the EU. INTRODUCTION Concerns over the future economy of the European Union (EU) have been persistently growing since 2010 after the notorious 2008 global financial crisis. Instability of national economies and a contagious debt crisis makes European existence insecure. In the last five years, fears of a possible Eurozone collapse have been transformed into the real emergent political and economic steps of EU institutions. Therefore, securitization could be an answer to the old and new trends and can play an important role in supporting both monetary and financial stability. In other words, securitization matters as soon it creates value by minimizing the costs associated with market misbalance. In particular, securitization may allow banks to lend without over-committing capital and other sources Oxana Karnaukhova Southern Federal University, Russia Inna Nekrasova Southern Federal University, Russia