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The Eurozone decisions: a step towards a European lender of last resort, but others must follow
(Alberto Majocchi/Editorial)
(Alberto Majocchi/Editorial)
... towards a European lender of last resort. But other steps will have to follow to make this credible ...
... If the European Union cannot count on its own resources, the stronger States of the Union will be obliged to carry out the role of “lenders of last resort”. Moreover, the EU needs a federal government ...