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German savings banks play a key role in financing German SMEs. Accordingly, the analysis of their efficiency is of … as the Eurozone crisis (since the end of 2009) on the efficiency of German savings banks. Although the Malmquist index is … on average below one in our sample from 2003 to 2014, we conclude from our efficiency results that German savings banks …
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die USA und Deutschland sowie die Regelungen der Europäischen Union. … die USA und Deutschland sowie die Regelungen der Europäischen Union …
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