What Has the Eurozone Learned from the Financial Crisis?
Harvard Business
SEPTEMBER 28, 2018
The answer to those questions is threefold: Central Bank choices. Federal Reserve and the European Central Bank followed broadly similar policies in reaction to the crisis, lowering interest rates and injecting liquidity. What went wrong? How could a crisis that started in the U.S. have caused so much damage in Europe? Both the U.S.
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