{"id":3705,"date":"2012-03-23T13:54:14","date_gmt":"2012-03-23T11:54:14","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3705"},"modified":"2012-03-23T13:54:14","modified_gmt":"2012-03-23T11:54:14","slug":"how-not-to-be-a-lender-of-last-resort","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/how-not-to-be-a-lender-of-last-resort\/","title":{"rendered":"How not to be a lender of last resort"},"content":{"rendered":"<p><a href=\"http:\/\/www.ceps.eu\/author\/paul-de-grauwe\" target=\"_blank\">De Grauwe, Paul<\/a>.<\/p>\n<p>While acknowledging that the massive amounts of liquidity injected into the eurozone banking system by the ECB were absolutely necessary to save Europe\u2019s banking system, Paul De Grauwe now criticizes these lender-of-last-resort operations as ill-designed, making it likely that the ECB will have to discontinue them in the not so distant future.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae<\/strong>:\u00a0CEPS<\/p>\n<p><a href=\"http:\/\/www.ceps.eu\/book\/how-not-be-lender-last-resort\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>De Grauwe, Paul. While acknowledging that the massive amounts of liquidity injected into the eurozone banking system by the ECB were absolutely necessary to save Europe\u2019s banking system, Paul De Grauwe now criticizes these lender-of-last-resort operations as ill-designed, making it likely that the ECB will have to discontinue them in the not so distant future. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,25,27],"class_list":["post-3705","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-25","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=3705"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3705\/revisions"}],"predecessor-version":[{"id":3706,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3705\/revisions\/3706"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3705"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3705"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}