Banks in crisis countries funding their home countries
Koskinen, Kimmo; Putkuri, Hanna (03.04.2013)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408074834
The fatal link between banks and their home countries has become increasingly closer, particularly in the crisis countries in the euro area. The amount of domestic sovereign debt securities held by the crisis countries' banks has increased significantly, as the role of banks in funding their home countries' debt has been emphasised.