January 2009
‘Let’s stick to the rules’
Trichet’s balancing act
‘Banks will not forget that their job is to lend’
Governments are finding themselves under increasing pressure on finances. Financial stability criteria are being breached. Often temporary breaches become permanent. Does this concern you?
We have a simple position, namely that it is important to respect the rules of the Stability and Growth Pact. The rules were precisely changed a few years ago to take...
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