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Isabel Schnabel
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Yesterday I gave a speech @LSE_SRC about the sovereign-bank-corporate nexus generated by the broad-based governmental support during the pandemic, in particular in the form of loan guarantees. 1/10https://twitter.com/ecb/status/135484114969
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Large-scale government & central bank interventions in the COVID-19 crisis have revived the debate on the alleged "zombification" of the economy if unviable firms are kept alive. In our recent
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