''Regulation and supervision of banks in the EU is a mess; liquidity and solvency support of banks in the Euro Area is a mess. Lender-of-last resort operations in the Euro Area need fiscal backing for the national central bank participating in it, including a full indemnity by the national treasury involved. This is not a problem as long as the national identity of the bank is clear. Whenever this in not the case, disaster can strike..''
F.T. , W.BUITER 23/4
Όλα όσα έπρεπε να ξέρουμε για τις Τράπεζες πριν από την κρίση και δεν ξέραμε.
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