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The ban on naked CDS takes effect

12 December 2012 0

By Anne-Laure Delatte The small CDS market serves as an instrument for coordinating speculation against European states. To stop the speculation, the European Union recently […]

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The crisis and market sentiment

10 October 2012 0

By Anne-Laure Delatte Fundamental factors alone cannot explain the European crisis. A new OFCE working document shows the impact of market beliefs during this crisis. […]