Kiss, Gábor Dávid; Csiki, Máté; Varga, János Zoltán - 2019
In many European Union (EU) member countries, the financial turmoil that started in 2008 resulted in a banking and/or sovereign debt crisis. The EU did not have dedicated tools to handle the situation and it became clear that neither the IMF loans, nor the ad hoc intergovernmental loans provided...