The Euro sovereign debt crisis and the built-in instability of the Euro

Radu Vranceanu

No WP1211, ESSEC Working Papers from ESSEC Research Center, ESSEC Business School

Abstract: This policy paper aims at presenting the key facts related to the Euro sovereign debt crisis that occurred in the interval 2010-2012. It points out some main coordination failures that are at the origin of the crisis, and comments on the effectiveness of various stabilization measures undertook by governments and the EU institutions.

Keywords: Euro sovereign debt crisis; ECB; EU; coordination failure; illiquidity; fiscal and monetary policy (search for similar items in EconPapers)
JEL-codes: E42 E51 E58 G01 (search for similar items in EconPapers)
Pages: 23 pages
Date: 2012-12
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Related works:
Working Paper: The Euro Sovereign Debt Crisis and the Built-in Instability of the Euro (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ebg:essewp:dr-12011

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