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Twin Strategies to Resolve the Eurozone Crisis--without Debt Buyouts, Sovereign Guarantees, Insurance Schemes, or Fiscal Transfers

Stuart Holland

Economics One-Pager Archive from Levy Economics Institute

Abstract: The cancellation of the October 26 meeting of the European Union's council of finance ministers, or Ecofin, has further eroded confidence in its ability to solve the burgeoning sovereign debt crisis in the eurozone. A viable strategy is needed now—and as Stuart Holland illustrates, two viable strategies are even better than one.

Date: 2011-11
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