A Comprehensive Approach to the Euro-Area Debt Crisis
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.
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- Geert Bekaert, 2001.
"Expectations Hypotheses Tests,"
Journal of Finance,
American Finance Association, vol. 56(4), pages 1357-1394, 08.
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