Sovereigns' public capital and fiscal constraint influence sovereign debt crises and resolution. We compile a dataset …

approach 100% on average. There are various calls to abolish or soften the Maastricht rules of limiting sovereign debt. We see … the risk of a new sovereign debt crisis in this decade if it is not possible to bring public debt down to an acceptable …

The establishment of a sovereign debt restructuring mechanism (SDRM) is one of the important issues in the academic …

higher bond yields compared to those of safer European countries, during and after the sovereign debt crisis of 2010 …

"drive towards austerity". In order to prevent a Greek tragedy, the only crisis solution was for states to cut back public … subjectivities in the "PIIGS stories" - them and us (North and South) - resistance against austerity measures and structural … adjustments was delegitimised. Second, the drive towards austerity led to a scaling back of state expenditures and, thus, to a …