Gros, Daniel; Lannoo, Karel - In: EIB papers 4 (1999) 1, pp. 61-69
With the successful launch of the euro, the previously national interbank bank markets have been integrated at once in … institutions, and the role of the state. The importance of banks: Bank credit plays a much more important role than market … financial system influences the way in which financial market volatility impinges on the real economy. In a nutshell, a bank …
