Exact(1)
In Europe, there is a need to finally cut the Gordian knot of mutually reinforcing financial exposures between banks and governments, which has fueled worries about potential contagion.
Similar(59)
Leverage, balance sheet effects, self-reinforcing financial collapse — the details are different, but there are some clear common themes.
Before considering such controls, countries should make their exchange-rate policies flexible, accumulate reserves, lower interest rates, tighten fiscal policy and reinforce financial regulation, the fund said.
Governor Mark Carney is explaining that the change will help to reinforce financial stability, and that the UK mortgage sector no longer needs this specific help.
To reinforce financial inputs and transfer payment, providing powerful support for the implementation of "two orientations" policy c.
The paradox is that a lot of political union is already being implemented — the decisions made recently to reinforce fiscal economic and financial governance are significantly fostering political union.
The Chinese delegation also framed plans to deploy 800 GW to 1000 GW in carbon-free capacity, while reinforcing their financial contribution through the South-South Fund to the developing countries "with whom they share values" (Lui Zhenmin, Deputy Minister of Foreign Affairs, China, Press Conference COP 21).
Such self-reinforcing financial feedback is much more powerful in transmitting global economic contagion than ordinary commercial or trade exposures, as the world learned in 2008-2009.
It is of the utmost importance that mechanisms that reinforce the financial capacity of families and their social protection be promoted, so as to counter the financial constraints that serve as an obstacle to the realization of children's and women's rights.
"This reinforces our financial reserves at a moment when the global economy is stressed," he said.
Some European and Asian banks could have to reinforce their financial positions.
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