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  1. 1 Rostowski J.

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  1. 1 2015

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How to Repair the Eurozone? And What Will Happen if We Fail?

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Rostowski J.
Bezpieczny Bank
|
2015
|
issue 3 (60)
19-22
EN
Therefore, I believe that the minimum requirement for a sustained eurozone recovery is the creation of two mechanisms - (1) the option to rescue or secure the presence of a given country in the eurozone by an unlimited purchase of its government bonds by the European Central Bank; and (2) the mechanism of taking a political decision on a country leaving the eurozone. Both these mechanisms require treaty change, and it is clear that such changes will not be easy to achieve. (fragment of text)
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