A Comprehensive Approach to the Euro-Area Debt Crisis
Zsolt Darvas,
Jean Pisani-Ferry () and
Andre Sapir
Additional contact information
Jean Pisani-Ferry: Bruegel
No 1110, CERS-IE WORKING PAPERS from Institute of Economics, Centre for Economic and Regional Studies
Abstract:
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.
Keywords: fiscal sustainability; euro-area crisis; financial interdependence (search for similar items in EconPapers)
JEL-codes: E60 F34 H63 (search for similar items in EconPapers)
Pages: 52 pages
Date: 2011-02
New Economics Papers: this item is included in nep-cba
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (28)
Downloads: (external link)
http://econ.core.hu/file/download/mtdp/MTDP1110.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to econ.core.hu:80 (A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.)
Related works:
Working Paper: A comprehensive approach to the euro-area debt crisis (2011) 
Working Paper: A Comprehensive Approach to the Euro-Area Debt Crisis (2011) 
Working Paper: A Comprehensive Approach to the Euro-Area Debt Crisis (2011)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:has:discpr:1110
Access Statistics for this paper
More papers in CERS-IE WORKING PAPERS from Institute of Economics, Centre for Economic and Regional Studies Contact information at EDIRC.
Bibliographic data for series maintained by Nora Horvath ( this e-mail address is bad, please contact ).