Ein direktes Rekapitalisierungsinstrument für Banken ist sinnvoll
This is my testimony for the Bundestag’s budget committee of October 2014. It is available here (pdf).....
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The OMT programme was justified but the fiscal union question remains
I concur with Mody’s overall conclusion that the monetary union, even with the OMT programme, is incomplete and the issue of fiscal union remains unresolved. To permanently stabilise monetary union, the EU will nee...
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