We put our hypothesis very straightforward, considering the euro area and the whole European Economic and Monetary … Union (EMU) banking sector. The paper's central hypothesis that capital adequacy of the EMU banking sector influenced credit … that, in general, there was a dependency between banks' capital adequacy and loan growth in the euro area for the observed …

We put our hypothesis very straightforward, considering the euro area and the whole European Economic and Monetary … Union (EMU) banking sector. The paper's central hypothesis that capital adequacy of the EMU banking sector influenced credit … that, in general, there was a dependency between banks' capital adequacy and loan growth in the euro area for the observed …

The 30-year old Maastricht Treaty on European Union (EU) is based on the political vision that a stable euro requires … European framework for governing the varieties of sovereign risk in the Economic and Monetary Union (EMU). The main finding is … that a growing body of EU/EMU public policies with provisions contingent on the state of national economies, sustainable …

This paper proposes a central fiscal capacity for the euro area that generates transfers in response to eurozone …