The Euro crisis threatens not only the common currency, but also the future of the European Central Bank.
LSE European Politics and Policy (EUROPP) Blog
(26 Apr 2012)
Since the beginning of the crisis, politicians, governments and institutions have scrambled to preserve the Euro. John Doukas argues that not only is the common currency in danger, but also the European Central Bank (ECB) which has a balance sheet that consists of the debt obligations of member governments and their banks. But who will bail out the ECB?
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