The Euro Sovereign Debt Crisis and the Built-in Instability of the Euro

Radu Vranceanu

Working Papers from HAL

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)
Date: 2013-03-01
Note: View the original document on HAL open archive server: https://essec.hal.science/hal-00766691v2
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Working Paper: The Euro sovereign debt crisis and the built-in instability of the Euro (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:hal-00766691

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