Cleaning up the mess: Bank resolution in a systemic crisis
Gros, Daniel, Schoenmaker, Dirk. In Greece, the problem is an insolvent government bringing down the banks. In Spain, the problem is now insolvent banks bringing down the government. This column argues that despite their differences, the potential costs to the rest of Europe mean that both problems require a European solution. Πηγή: Voxeu πλήρες κείμενο