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Minimising Risks from Imbalances in European Banking

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Organisation for Economic Co-operation and Development2026-04-11 收录
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The euro area financial system took excessive risks during the global credit boom, which in some countries led to an unsustainable increase in credit, higher asset prices and housing booms. This process helped to fuel large imbalances within the euro area. Banks played a key role in channelling funds from economies with large surpluses to deficit...
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