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I didn't go to university http://al4a.fun/ a4a.com   This is potentially huge. With the ECB effectively underwriting the bloc’s governments with its bond-buying pledge, a cross-border body to restructure or wind up failing banks would do the same for the financial sector. That might finally break the “doom loop” of weak banks and sovereigns weighing on each other, which exists as long as only national backstops are in place.
Diego 2019-07-17 23:27:00

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