Euro Area Sovereign Risk During the Crisis

Euro Area Sovereign Risk During the Crisis
While the use of public resources is critical to cushion the impact of the financial crisis on the euro-area economy, it is key that the entailed fiscal costs not be seen by markets as undermining fiscal sustainability. From this perspective, to what extent do movements in euro area sovereign spreads reflect country-specific solvency concerns?... READ MORE...

Publication date: October 2009
ISBN 9781451873696
$18.00

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