This paper documents and analyzes crisis-related changes in government debt issuance practices in the 16 euro zone … deficit and high debt euro area countries, and has forced governments to assume additional risk … countries and Denmark. Using a newly constructed database on primary market debt issuance during 2007-09, we find evidence of a …

This cross-country paper explains differences in external sector performance among four large euro area countries …—France, Germany, Italy, and Spain. The paper discusses that during 2001–04, the performance of the external sector differed markedly … among these four largest euro area countries. The study presented in this paper describes the evolution of the traditional …

The three-month Eurepo interest rate, the euro component of the SDR interest rate basket, will be discontinued as of … the end of 2014. The three-month Eurepo rate, administered by the European Money Market Institute (EMMI), has been the … representative interest rate instrument of the euro area in the SDR interest rate basket since 2006. However, faced with a …

This paper explores inflation determinants within the EU and implications for new members'' euro adoption plans. Factor …

of fiscal deficits to inflation, output growth, and internal and external debt …

This paper follows up on the Executive Board's December 2002 discussion of the design of the Sovereign Debt … Restructuring Mechanism and seeks to make further progress on the formulation of a concrete proposal for a statutory sovereign debt …

government needs to accelerate Mortgage and Land Bank’s restructuring and facilitate market-based debt resolution. Program …

Seychelles’s fiscal stance for 2012 allows maintaining a steady course toward debt reduction. The authorities⠅