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How to Break Europe’s Financial ‘Doom Loop’

Bloomberg View, (2017), “How to Break Europe’s Financial ‘Doom Loop'”, 21 April

The euro-zone economy is looking a lot healthier. After years of stagnation, growth has finally picked up and unemployment is falling. Fears of a paralyzing bout of deflation have receded as well. Yet there’s a risk of relapse — and Europe’s banking “doom loop” is the reason.

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