Will Bailouts Lead to a Dissolution of the Euro?

Mike Tsionas

Chapter Chapter 11 in The Euro and International Financial Stability, 2014, pp 57-60 from Springer

Abstract: Abstract As we remarked, there are bailouts at several levels. To bailout the public sector wages and salaries or pensions in Greece, Greece needs a plan according to the Poincare lines. A public debt authority and a pensions authority that will consolidate obligations and revenues, backed on real resources. This is a matter of short run importance and immediate consideration must be given to it.

Keywords: Euro Area; Commercial Bank; Money Supply; Real Interest Rate; Public Debt (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:fimchp:978-3-319-01171-4_11

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DOI: 10.1007/978-3-319-01171-4_11

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