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Coronavirus Aid for Companies in Difficulties – Unprecedented Response from KfW, German government and EU Commission

Last Friday, in response to the outbreak of the coronavirus pandemic (COVID-19), the German government announced various measures described as a big "bazooka" to avert a crisis in the Eurozone's largest economy. The German...more

The sovereign-bank nexus – Holistic solution needed to end a vicious cycle

Since the financial crisis of 2008, numerous emerging and developed countries experienced a substantial increase to their government gross debt-to-GDP ratio (sovereign debt). In addition, there were significant increases in...more

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