EU Member States’ Economic Intervention During the Financial Crisis
by
Fabio Bassan, Carlo D. Mottura
Language: English
Release Date: August 25, 2015
State guarantees commonly function as financial panacea, allowing states to consolidate banking systems and create intergovernmental funds. Rules surrounding state guarantees were relaxed during the 2007-2008 financial crisis, allowing states to use them for financing small and medium-sized enterprises...