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Unlike the crisis years of 2007-2009 (when the insolvency of large banks was a major problem), the current round of the global financial crisis has fiscal origins. Almost all developed countries suffer from an excessive public debt burden that has been built up over the last two decades or more....
Persistent link: https://www.econbiz.de/10011430901
Quaisser die Tagung "Zehn Jahre Euro - Bewährung in der Finanzkrise" statt. Einige der dort vorgestellten Referate sind hier … aktuellen Finanz- und Wirtschaftskrise - eine baldige Übernahme des Euro in den restlichen EU-Ländern sei. Theo Waigel …, Europäische Zentralbank, haben der Euro und die gemeinsame europäische Geldpolitik in den letzten zehn Jahren eine Entwicklung …
Persistent link: https://www.econbiz.de/10011692881
policies. Starting from the view that the crises in the euro zone were basically triggered by financial markets and reinforced …
Persistent link: https://www.econbiz.de/10014565890
This report presents a long-term view of the evolution of financing of EU non-financial corporations (NFCs) in recent decades. It finds a decline in NFC leverage since at least 2008, and across countries, size categories and industries. It also documents a growing role of non-bank financial...
Persistent link: https://www.econbiz.de/10014327946
This report analyses tax incentives for SMEs in 20 EU countries and five non-EU countries between 2009-2013. Its findings and recommendations are based on a review of tax codes, modelling of tax burdens using two different models, a descriptive analysis of company financial ratios, and the...
Persistent link: https://www.econbiz.de/10011390417
The purpose of this paper is to explore whether the 'Fit for 55' update of the European Union's CO₂ regulation is up to the task of fixing its past mistakes and putting Europe on course to reach net zero mobility by 2050, while also dealing with the new set of challenges that arises with the...
Persistent link: https://www.econbiz.de/10015054184
’s prosperity. The paper focuses on olitical events in Italy over the past 35 years and asks whether the adoption of the euro in …’s financial markets throughout the 1970s, 1980s and 1990s. The introduction of the euro appears to have indeed played a major role …
Persistent link: https://www.econbiz.de/10011605110
eminently. The euro has proven credible both in the countries that officially adopted it and in the countries that adopted it … facilitate the accession of willing EU members to the euro by relaxing the ERM II conditions. …
Persistent link: https://www.econbiz.de/10011430838
to refinancing credits 4.3 Target losses in the case of exit and bankruptcy, should the euro continue to exist 4.4 Target … losses in the case of a euro break-up or a German exit 4.5 Shift in growth forces due to free insurance coverage 4.6 The path …
Persistent link: https://www.econbiz.de/10011696132