Arbeitspapier
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.
- ISBN
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978-615-5024-41-2
- Language
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Englisch
- Bibliographic citation
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Series: IEHAS Discussion Papers ; No. MT-DP - 2011/10
- Classification
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Wirtschaft
International Lending and Debt Problems
Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General
National Debt; Debt Management; Sovereign Debt
- Subject
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fiscal sustainability
euro-area crisis
financial interdependence
Öffentliche Schulden
Staatsbankrott
Bankenregulierung
Haushaltskonsolidierung
Finanzpolitik
Wirtschaftspolitik
Griechenland
Irland
Portugal
Spanien
- Event
-
Geistige Schöpfung
- (who)
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Darvas, Zsolt
Pisani-Ferry, Jean
Sapir, André
- Event
-
Veröffentlichung
- (who)
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Hungarian Academy of Sciences, Institute of Economics
- (where)
-
Budapest
- (when)
-
2011
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Darvas, Zsolt
- Pisani-Ferry, Jean
- Sapir, André
- Hungarian Academy of Sciences, Institute of Economics
Time of origin
- 2011