The Lender of Last Resort in the European Single Financial Market

The Lender of Last Resort in the European Single Financial Market
This paper examines challenges in effectively implementing the lender-of-last-resort function in the EU single financial market. Briefly highlighted are features of the EU financial landscape that could increase EU systemic financial risk. Briefly described are the complexities of the EU's financialstability architecture for preventing and... READ MORE...

Publication date: May 2006
ISBN 9781451863871
$15.00

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