State Aid: A Reward for Inefficiency

February 23, 2009

Eighteen months are about to pass since the beginning of the most significant financial crisis of recent decades, which has paralyzed monetary and credit markets worldwide and is preventing the normal functioning of economic financing.

The scale of losses in the current financial crisis is much greater than those obtained in the financial crises of recent decades.

Read the article by Pedro Pablo Villasante, Secretary General of AEB, published in El nuevo lunes.

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