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Fund (IMF), was supposed to support the member states of the euro area which had been hit hard by a sovereign debt crisis …. For that purpose, economic adjustment programs were drafted and monitored in order to prevent the break-up of the euro …, the danger of a renewed crisis in the euro area was growing. The European Stability Mechanism (ESM) together with the …
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question whether the "Troika" model might be suited to solve future international crises. -- IMF ; Europe ; debt ; euro …
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