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Banking fragility rooted in justice failures Evidence from Ukraine
Policy Contribution

What next for Europe’s financial markets?

14 October 2008

What next for Europe’s financial markets?

In assessing the October 12th euro area summit, Daniel Gros applauds the national leaders for taking decisive action that avoided a total breakdown in the short run, but laments the fact that the cost of the lack of fiscal solidarity will set back the integration of European financial markets by decades.


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What next for Europe’s financial markets?
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