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A comprehensive approach to the euro-area debt crisis

Author

Listed:
  • André Sapir
  • Jean Pisani-Ferry
  • Zsolt Darvas

Abstract

In this Policy Brief Zsolt Darvas, André Sapir and Jean Pisani-Ferry propose a comprehensive solution to the current European crisis based on three pillars - a plan to restore banking sector soundness, a resolution of sovereign debt crisis including 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. Bruegel produced a video of the authors Jean Pisani-Ferry, André Sapir and Zsolt Darvas commenting on the "A comprehensive approach to the euro area debt crisis". Watch the video

Suggested Citation

  • André Sapir & Jean Pisani-Ferry & Zsolt Darvas, 2011. "A comprehensive approach to the euro-area debt crisis," Policy Briefs 491, Bruegel.
  • Handle: RePEc:bre:polbrf:491
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    References listed on IDEAS

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    1. Geert Bekaert, 2001. "Expectations Hypotheses Tests," Journal of Finance, American Finance Association, vol. 56(4), pages 1357-1394, August.
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    More about this item

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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