879 resultados para Teenagers who break the law
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The recent crises have shown that the eurozone countries’ government debt is not immune to default. Applying a large-exposure requirement also to eurozone government debt would be a logical measure towards breaking the bank-government doom loop, given the low probability and high loss-given government default. But what would be the impact of the application of the large-exposure requirement on the banking sector as well as on government funding? This CEPS Policy Brief presents the results of a simulation exercise performed for 109 systemic banks in the eurozone, showing that their eurozone government debt portfolios would have to decrease by 3.2% or €63 billion, if a 50% of own-funds cap would be applied on large exposures. The eurozone central banks’ demand for sovereign bonds under the extended asset purchase programme further creates momentum to start gradually implementing the restriction.
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In this CEPS Essay, Miroslav Beblavý takes stock of the changing situation in Spanish politics one month before the early elections, which are expected to take place on June 26th in the hope that a new government can finally be formed. He finds that in both in politics and in economics, Spain resides at an immensely important inflection point situated between the European periphery and its core.
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Mode of access: Internet.
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Mode of access: Internet.
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Half-title: Konstam's law of land values.
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Includes index.
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Mode of access: Internet.
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"English & Spanish."
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Mode of access: Internet.
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Mimeographed.
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Reproduced from typewritten copy.
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Mode of access: Internet.
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National Highway Traffic Safety Administration, Washington, D.C.