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An action plan for the European leaders

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  • Benedicta Marzinotto
  • Jean Pisani-Ferry
  • Guntram B. Wolff

Abstract

At the extraordinary EU Council of 21 July European leaders have to accomplish a triple-mission. First, they should pave the way to restoring solvency in Greece by initiating debt reduction. Softening the Greek debt burden implies i) reducing the interest rate on official lending, ii) requesting from the EFSF support for an immediate bond buy-back programme, and iii) asking the ESRB for an immediate evaluation of the risks to financial...

Suggested Citation

  • Benedicta Marzinotto & Jean Pisani-Ferry & Guntram B. Wolff, 2011. "An action plan for the European leaders," Policy Contributions 582, Bruegel.
  • Handle: RePEc:bre:polcon:582
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    Cited by:

    1. Hassan Molana & Catia Montagna, 2016. "Selection, Trade, and Employment: The Strategic Use of Subsidies," Dundee Discussion Papers in Economics 296, Economic Studies, University of Dundee.
    2. Hassan Molana, 2015. "Selection, Trade, and Employment: the Strategic Use of Subsidies. WWWforEurope Policy Paper No. 21," WIFO Studies, WIFO, number 57894, April.
    3. Hassan Molana & Catia Montagna, 2018. "Competitive selection, trade, and employment: The strategic use of subsidies," Review of International Economics, Wiley Blackwell, vol. 26(5), pages 1154-1177, November.

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