Bailing Out in a Community of Stability – Controversies of the Economic and Monetary Union in Times of Crisis
Bailing Out in a Community of Stability – Controversies of the Economic and Monetary Union in Times of Crisis
Author(s): Attila Vincze
Subject(s): Political economy, Law on Economics, EU-Accession / EU-DEvelopment
Published by: Institut za uporedno pravo
Summary/Abstract: Before Laertes leaves the Danish Court his father, Polonius, gives him some useful advices how to behave himself in France: "Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry.” In times of an economic crises caused by easy credit conditions, sub-prime and predatory lending, mortgage bubble etc., these words seem to be especially wise.
Book: 3rd Network Conference Adaptation and Implementation of the EU -Acquis: an Exchange of Experiences
- Page Range: 77-91
- Page Count: 15
- Publication Year: 2009
- Language: English
- Content File-PDF
