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Published: 18 november 2019 18:02

Main doubt about a state bank – could the state manage it effectively?

With President Gitanas Nausėda speaking up about establishing a new commercial bank, the public has been split in two. Some believe in the idea, believe that it would help resolve pertinent business and citizen financing problems. The opponents of the idea meanwhile remind of bank failure stories across Europe and doubt that the state could be a good bank manager.

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