As the global banking crisis intensified in the fall of 2008, governments announced comprehensive rescue packages for financial institutions. In this paper, we put the joint response of euro area bank and sovereign CDS premia under the microscope. We find that the bank rescue packages led to a...

Any solution in sight to Europe's crisis? Some general thoughts from a conflict theoretical perspective / Tim Krieger -- Could exit rules be self-enforcing in the EU? The cases of France and Germany / Robert Kappius and Bernhard Neumärker -- Debt restructuring in times of crisis : a European...