Roberto Ruozi

State, banks and liquidity

  • Abstract

Informations and abstract

Keywords: State, banks, liquidity. JEL classification: G21; G28.

State intervention has always been fundamental to the banking business and today more so than ever. Not only has the State allowed banks to overcome the 2007-2009 crisis, but it has also solved their liquidity crisis that erupted in late 2011. This latest crisis - also associated to the problems of sovereign debt - has prevented banks from returning the historic favour whereby they frequently helped facilitate the State's liquidity management.

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