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We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends on the comparison between the assessment of the banking union attractiveness and the robustness of a national safety net. The benefits of opting-in are still only potential and...
Persistent link: https://www.econbiz.de/10011575977
We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends on the comparison between the assessment of the banking union attractiveness and the robustness of a national safety net. The benefits of opting-in are still only potential and...
Persistent link: https://www.econbiz.de/10011446695
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addresses how effective these sterilisation policies are. -- Accountability ; bail-out ; bond purchases ; central bank …After the dramatic rescue package for the euro area, the governing council of the European Central Bank decided to …
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After the dramatic rescue package for the euro area, the governing council of the European Central Bank decided to … assets as collateral and by outright purchases in the central bank balance sheet artificially keeps the asset prices up and … should deal primarily with the asset side of the ECB balance sheet. [...] -- Accountability ; bail-out ; bond purchases …
Persistent link: https://www.econbiz.de/10009261344
After the dramatic rescue package for the euro area, the governing council of the European Central Bank decided to … assets as collateral and by outright purchases in the central bank balance sheet artificially keeps the asset prices up and …
Persistent link: https://www.econbiz.de/10010208777