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You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Publishing Institution Centre for European Policy Studies Remove constraint Publishing Institution: Centre for European Policy Studies Publication Year within 10 Years Remove constraint Publication Year: within 10 Years Topic Debt Remove constraint Topic: Debt
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  • Author: Diego Valiante
  • Publication Date: 08-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: The Eurozone debt crisis has now reached a turning point. This paper argues for a more organised intervention by the ECB to stop contagion through the creation of a quantitative easing programme, coupled with a political agreement among member states on a more federalist budget for the Eurozone.
  • Topic: Debt, Economics, Regional Cooperation, Financial Crisis
  • Political Geography: Europe
  • Author: Paul De Grauwe
  • Publication Date: 08-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: The biggest threat for the eurozone is the contagion of the Greek sovereign debt crisis to the rest of the system. If the Greek crisis could be isolated, it would barely matter for the eurozone as a whole. After countless crisis meetings of the European Council, however, it has to be admitted that the European leaders have failed to isolate the Greek crisis and to stop the forces of contagion. The latest meeting of the heads of state or government of the euro area on July 21st is no exception.
  • Topic: Debt, Markets, Regional Cooperation, Financial Crisis
  • Political Geography: Europe
  • Author: Daniel Gros
  • Publication Date: 11-2011
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: Is a high level of public debt inherently more dangerous within a monetary union? During the 1990s it was often argued that only by entering the EMU could Italy (or Spain) protect itself from the high interest rates it had to pay on its large public debt. The argument was that by joining the single currency, Italy could convince financial markets that it would not inflate away the value of its debt and hence benefit from lower risk premia.
  • Topic: Debt, Economics, Financial Crisis
  • Political Geography: Europe, Spain, Italy
  • Author: Yonghyup Oh
  • Publication Date: 04-2010
  • Content Type: Policy Brief
  • Institution: Centre for European Policy Studies
  • Abstract: The euro area is facing a challenge with Greece in danger of falling into sovereign default and some of its other members, the so-called 'GIPSY' nations, finding themselves in serious financial distress. Creation of a European Monetary Fund to deal more effectively with this type of situation is gaining support. This paper draws lessons from the Asian experience that might be applied to the current European development.
  • Topic: Debt, Economics, International Trade and Finance, Monetary Policy
  • Political Geography: Europe