Fighting debt explosion in the European sovereign debt crisis: Eurobonds, leveraging EFSF and Euro-TARP

Artikel

A number of tools have been suggested for solving the European sovereign debt crisis, in particular the options of leveraging the EFSF/ESM, introducing Eurobonds and a European Troubled Asset Relief Programme (Euro-TARP). However, it is unclear how these instruments will work, given jittery financial markets, the pending sovereign default of Greece and the fear of contagion among other countries. In the following paper, these policy tools will be analysed and evaluated with respect to their effects as well as their potential power to solve the debt crisis.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 47 ; Year: 2012 ; Issue: 3 ; Pages: 185-189 ; Heidelberg: Springer

Classification and Topics

• Classification: Wirtschaft
• Subject: Haushaltsdefizit ; Öffentliche Schulden ; Europäischer Stabilitätsmechanismus ; Schuldenübernahme ; Öffentliche Anleihe ; Wirkungsanalyse ; Haushaltskonsolidierung ; EU-Staaten

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Prinz, Aloys ; Beck, Hanno
• Event: Veröffentlichung
• (who): Springer
• (where): Heidelberg
• (when): 2012

Further information

• DOI: doi:10.1007/s10272-012-0419-6
• Handle: http://hdl.handle.net/10419/98233
• Last update: 10.03.2025, 11:42 AM CET