4  Public support may be given as (i) State guarantee backing central bank liquidity; (ii) State guarantee for newly issued liabilities; or (iii) capital injection at market price, as long as the institution still fulfils the authorisation requirements and is solvent.
Despite all the comments to the contrary, I still believe that it is possible to successfully stabilise and consolidate this framework. The other approach would be to embark upon a major shift entailing a fundamental change in the federal structure of the EU. This would involve a transfer of national responsibilities, particularly for borrowing and incurring debt, to the EU.