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  • Moral hazard² or not?

    Just a reminder the EU president Baroso, wants an action to help out Greece. The Maastricht Vertrag is very clear about this: Die Union haftet nicht für die Verbindlichkeiten der Zentralregierungen, der regionalen oder lokalen Gebietskörperschaften oder anderen öffentlich-rechtlichen Körperschaften...
    Posted to F Dominicus Blog by Friedrich Dominicus on Thu, Mar 25 2010
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