Twitter (schulte_stef) | 25.09.2018

In addition to direct bailouts, many € area governments provided explicit guarantees to individual institutions at the height of the financial crisis. Those contingent liabilities amounted to more than 8% of GDP in 2009, and were still about 1.4% in 2017. https://t.co/41ahe8GiQV https://t.co/8gqj5N9ryj