A comprehensive approach to the euro-area debt crisis
Data(s) |
2011
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Resumo |
The euro area‘s sovereign debt crisis continues though significant steps have been taken to resolve it. This paper proposes a comprehensive solution to the crisis based on three pillars: a plan to restore banking sector soundness in the whole euro area, a resolution of sovereign debt crisis -including a revision of EU assistance facilities and a reduction of the Greek public debt- and a strategy to foster growth and competitiveness. The paper provides novel estimates and analysis focusing on the current situation of Greece, Ireland, Portugal and Spain. |
Formato |
application/pdf |
Identificador |
http://unipub.lib.uni-corvinus.hu/304/1/wp_2011_1_darvas.pdf Darvas, Zsolt and Piasni-Ferry, Jean and Sapir, André (2011) A comprehensive approach to the euro-area debt crisis. Working Paper. BCE Matematikai Közgazdaságtan és Gazdaságelemzés tanszék, Budapest. |
Publicador |
BCE Matematikai Közgazdaságtan és Gazdaságelemzés tanszék |
Relação |
http://unipub.lib.uni-corvinus.hu/304/ http://web.uni-corvinus.hu/matkg/ |
Palavras-Chave | #Economic policy #Finance #International economics |
Tipo |
Monograph NonPeerReviewed |
Idioma(s) |
en en |