- and medium-sized enterprises in the euro area primarily takes place via bank loans and not through capital markets. Based … banking regulation. The panel estimation includes 706 banks from 15 Euro area member states and is conducted for the period …

The Greek government budget situation plays a central role in the debt crisis in the euro area. The debt to GDP ratio … realistic conditions, a debt conversion may be the less costly strategy for Greece and the euro area partner states. A value …-added of these calculations lies in a potential transfer to smaller euro area member countries. …