As we have witnessed during the crisis, the unhealthy relationship between euro area member states and their domestic banks can trigger what is known as a “doom loop” – a downward spiral which comprises banks, the government, and the entire national economy.
* * * Mr von Weizsäcker, Ladies and gentlemen Whenever a technical topic attracts as much media attention as blockchain technology has, it must mean it’s something special, especially considering the topic itself is not an easy one. It’s safe to say that there is much anticipation surrounding distributed ledger technology – some feelings of hope, some of fear.