Ceps: 1 book

Book cover of Banking Union as a Shock Absorber

Banking Union as a Shock Absorber

Lessons for the Eurozone from the US

by Daniel Gros, Director, CEPS
Language: English
Release Date: December 16, 2015

The Great Financial Crisis, which started in 2007-08, was originally called the ‘sub-prime’ crisis because its origins could be traced to excessive lending in the real estate sector in the US, concentrated mostly in sunbelt states like Nevada, Florida and California. There were similar pockets...
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