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The exposure of European countries to Greece

Eric Dor ()

No 2015-EQM-01, Working Papers from IESEG School of Management

Abstract: The exposures of all the euro area countries to Greece are computed and detailed. The larger components of these exposures are due to the participation to the different mechanisms of the support programmes, in the form of loans or guarantees. Other components are the implicit shares of the claims of the Eurosystem on Greece or its central bank. They are related to TARGE2 or the securities market programme. Germany has the largest share of this claim accumulation.

Pages: 9 pages
Date: 2015-01
New Economics Papers: this item is included in nep-cba and nep-eec
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