3min chapter

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Ep 15: Controlling Credit (with Eric Monnet)

Library of Mistakes

CHAPTER

The Devolution of Credit Policy in the European Union

Eric Schmitz: If credit policy becomes very strong at the national level without coordination, it's an issue first for European credit policy. I mean, it's already something which is very also a big question in the housing sector. And since there are not so huge big institutions at the nationallevel, I feel it might be easier to start them directly at the European level.

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