Michael Phoch

Michael Phoch
Americanstocknews - 20 years of experience in mass media

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Stress-testing banks during the Covid-19 pandemic

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When the Covid-19 pandemic struck, the official sector responded by implementing support measures and adopting expansionary monetary and fiscal policies. Prudential authorities provided regulatory relief
in various ways,2 with the aim of maintaining an adequate flow of credit to the real economy, while preserving financial stability.

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