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the economy in the EU countries. Methods: To achieve this objective, the following research methods were used: a review of … banks and governments in the EU. The financial crisis has affected a change in the approach to conducting mone- tary and … interaction between the central bank and the governments in the EU Member States. In many EU countries in the discussed period …
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This study empirically explores the dynamic interactions between the European and Indonesian cocoa markets during the 2008 global financial crisis (GFC) and the 2011 European debt crisis (EDC) using a battery of time series approaches of cointegration and multivariate Granger causality. The...
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The euro area crisis was characterised by a negative feedback loop between banks and sovereigns. The paper aims to indicate the genesis of this phenomenon and to determine the scale of its operation during the crisis and post-crisis conditions, as well as to identify the threats it brings. In...
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