Fratzscher, Marcel; Kriwoluzky, Alexander; Michelsen, Claus - In: DIW weekly report : economy, politics, science : a … 9 (2019) 16/18, pp. 148-149
Current fiscal regulations worsened the economic situation in the euro area during the financial and sovereign debt … suggestions for a new fiscal package: new spending rules, subordinated bonds to finance government spending, euro bonds …