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und quantitativen Erleichterung der Liquiditätsversorgung eine unkonventionelle Geldpolitik. Vieles spricht dafür, dass …
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Over the past three years, as the euro area has struggled with high levels of sovereign debt, it has been gradually developing into a debt union. However, this is not a sustainable arrangement. This article proposes two alternatives to a debt union: a fiscal union and a monetary union with...
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