Commentary: Solution to European woes requires broad efforts

04/26/2013 | Financial Times (tiered subscription model) · Reuters

Yves Mersch, a member of the European Central Bank Executive Board, writes that resolving Europe's economic issues will require efforts from the ECB, as well as governments and businesses. Mersch explains some efforts underway, including the establishment of a banking union. He also suggests the development of an asset class of securitised small-business loans as a way to jump-start credit flow.

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Financial Times (tiered subscription model) · Reuters

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