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a sense this is the only good news today that the new government the interim government gives us some time to reform the structures of the euro area as a whole and to prepare markets and prepare the institutions of the euro area for such a crisis in italy like changing the banking system providing actual solid foundations for support of the banking system across euro area borders in a way so these are changes that are overdue for a long time and are very urgent now because we have this window of a piece of art unity of a few months at least until the end of the federal ghost still of the italian holiday when we might face fresh election and who knows what the outcome is until then headed on to fish net chief economist at the german institute for economic research thank you so much for joining us in the studio thank you. international

Euro areaBanking systemEuro area bordersPart unityChief economistGerman institute for economic research