Sunday, October 6, 2013

A Bailout fatigue is Emerging in The Eurozone Core

....And bailout fatigue is emerging in the eurozone core. In Germany, the next coalition government looks set to include the Social Democrats, who are pushing for a bail-in of the banks’ private creditors, which would only exacerbate balkanization of the eurozone’s banking system; and populist parties throughout the core are pushing against bailouts for banks and governments alike.
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