McGowan, Muge Adalet - Economics Department, Organisation de Coopération et … - 2011
transferred to a government controlled “bad bank”, NAMA, and the associated heavy losses fully recognised by the banks. NAMA needs … mid 2011 following stringent bank “stress tests”, which proved to be a crucial turning point in the crisis by helping to … confidence in the financial system is regained, the authorities should further restrict the government guarantee of bank …