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The Genesis of the Eurozone Sovereign Debt Crisis

In: Managing Risks in the European Periphery Debt Crisis

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  • Philippe d’Arvisenet

Abstract

The euro crisis is often said to have been the consequence of an excessive debt, private or public, and finally both. But that excessive debt would not have resulted in such a serious crisis had the eurozone institutions properly ensured the correct working of the mechanisms of a monetary union.

Suggested Citation

  • Philippe d’Arvisenet, 2015. "The Genesis of the Eurozone Sovereign Debt Crisis," Palgrave Macmillan Books, in: George Christodoulakis (ed.), Managing Risks in the European Periphery Debt Crisis, chapter 1, pages 3-37, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-30495-7_1
    DOI: 10.1057/9781137304957_1
    as

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