The new policies primarily concern bank liquidity, capital, and corporate structure. ... In order to respond to the debt crisis, European Union embraced the need to strengthen the policy coordination between its member states in 2011. ... This package made the prevailing Stability growth and Pact (SGP) stronger, especially in the fiscal policy area. ... The council has also promised to progress rapidly towards a union of banking in order to combat the fragmentation of financial markets; this fragmentation inhibits adequate monetary policy transmission and bank lending. ... New structures of go...

• Word Count: 785
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate

"We expect the markets to reflect the true value of currency - the way that currencies ought to be valued is based upon economic activity, a fiscal policy, monetary policy of the respective governments, the potential for growth, and the potential for long-term viability of economies that's how our respective currencies ought to be valued- (President Bush) Over the past two years the value of the American dollar relative to other currencies, such as the Japanese Yen and the Euro, has declined dramatically. ... As the above quote from President Bush points out, the current administratio...

• Word Count: 1225
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

The paragraph is : "Another interesting contribution is that of Hemerijck and Vandenbroucke (2012), who revisit social policy as "productive factor" and link the euro crisis to the imperative of defining a social Europe. They assert that the current challenge is to make long-term social investments and medium-term fiscal consolidation mutually supportive and sustainable under improved financial and economic governance." ... Stress testing has become an essential and very prominent tool in the analysis of financial sector stability and development of financial sector policy. ... The term...

• Word Count: 1048
• Approx Pages: 4
• Grade Level: Undergraduate

There are a few reasons that I came up with on why the German government continues to loan Greece money. It seems to me that a major part of their continued financial support is due to the fact that they have a lot at risk if the Greek economic situation deteriorates further. It's no secret that the...

• Word Count: 731
• Approx Pages: 3
• Grade Level: High School