Still, the concept has much to be said for it and seems the most promising avenue toward satisfying the principle of comprehensiveness. It is definitely worth pursuing. As you can tell, there is not yet a blueprint for addressing the basic vulnerabilities in shortterm wholesale funding markets. Accordingly, the risks of runs and contagion remain.
According to the European Commission’s forecast, growth will be lower in Germany than in Denmark this year. ***  BIS central bankers’ speeches  1  The Danish economy underperformed last year. Output fell by 0.5 per cent and is expected to pick up only slightly this year. Throughout 2012, households reduced consumption and investment.