generelle R?ckstufung von Gesellschafterdarlehen nach dem MoMiG in der Insolvenz zu finden und modelltheoretisch zu analysieren … richtiger Ansatzpunkt f?r eine Rechtfertigung des Nachranges von Gesellschafterdarlehen in der Insolvenz sein kann, nicht jedoch …The economic reasons for the legal subordination (MoMiG) of shareholders' loans in the insolvency of a company are …

inflation in Spain has not been particularly different from that recorded in the euro area. However, its contribution to … headline inflation has been greater because of food’s higher weight in Spain’s consumption basket. •The prices of virtually all …

Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone … European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non … Eurozone countries, so the advent of the euroappears to have been associated with a shift in exchange risk from systematic to …

The recent financial woes of Greece and other nations are reinvigorating the debate over whether to bail out defaulting … countries or, instead, restructure their debt. Bailouts are expensive, in the case of Greece costing potentially hundreds of …