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the bank has put its independence at risk. The bank’s vow to do “whatever it takes” to save the euro has added a second …
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First, we need to recall the initial objectives set for the euro and how these have changed over time, notably due to …
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The lesson from previous episodes of trade reform is in part a story of political framing as well as a story of compensatory deals. Countries can calculate that they might lose out on the solution to one of the issues but gain on another.
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Recent price developments in the euro area demonstrate that deflation is a serious issue of concern. Some euro area …
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euro area, namely wholesale financial integration but without any instruments for crisis management. …
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