EURO-AREA: Rescue measures bear long-term risks

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In this article

  • Euro mechanism
  • EU/IMF actions
  • ECB actions
  • Work-around packages
  • Bailout prohibition
  • Public debt purchases
  • Short-term effects
  • Long-term obstacles
  • Complexity
  • Political will
  • Judicial concerns
  • Hard to unwind

What is this?

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