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. The most worrisome aspect is that the euro area appears to have stumbled into unconventional monetary policies that, once … started, will be difficult to exit. In the euro area, properly functioning financial markets are at risk. …
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The Greek government budget situation plays a central role in the debt crisis in the euro area. Strong consolidation …
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In response to the financial crisis, the ECB has had to adopt new instruments to support the euro area economy and …
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