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In November 2014, the European Central Bank (ECB) will take responsibility for banking supervision in the euro area. This paper outlines the way to this single supervisory mechanism (SSM) and briefly describes the main points of the new SSMRegulation. Then, the advantages and disadvantages of...
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The staff report for the Second Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility focuses on the Republic of Armenia’s economic environment and policy discussion. Financial sector reforms will focus on improving corporate governance, strengthening...
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