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Very low policy rates as well as the substantial redesign of rules and supervisory institutions have changed background conditions for the Euro Area's financial intermediary sector substantially. Both policy initiatives have been targeted at improving societal welfare. And their potential side...
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The eurozone crisis started in Greece in 2009-10, spread into Ireland and Portugal, and, from there, quickly spread to … the eurozone's total GDP, yet the crisis in Athens threatened to grow into a worldwide contagion.Individual chapters …
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