Bailouts Lead to Weaker Economies

Bailouts Lead to Weaker Economies

photo: Bridget Coila Government bailouts of banks may have made Europe’s fragile economic stability worse rather than better, according to new large-scale research. In addition, a widespread expectation of government support makes banks more vulnerable to collapse. The research, led by Dr Renatas Kizys, an economist at the University of Portsmouth, is the first to suggest […]