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After the recent global financial crisis several countries on the eurozone’s south-western periphery, in particular …, the construction of the eurozone, in particular the rules of conduct for the participating countries, needs to be … political design for a more prosperous and stable development of the eurozone. …
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1. Regulatory reasons for the crisis 2. Refinancing credit and Target balances 2.1 Target balances 2.2 Target balances and fiscal rescue credit 2.3 The lowering of collateral standards for refinancing credit 2.4 Indirect state financing via refinancing credit to commercial banks 3. ECB...
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Contents: 1. The Public Rescue Credit 2. Did the Money Help? 3. Who Benefited from the Rescue Credit? 4. Interest Rebates 5. Risks of Creditor Countries 6. Loss of Competitiveness and Four Options for Greece 7. Advantages and Disadvantages of a Grexit 8. The Exit Procedure 9. Concluding Remarks
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