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The Greek government budget situation plays a central role in the debt crisis in the euro area. The debt to GDP ratio … realistic conditions, a debt conversion may be the less costly strategy for Greece and the euro area partner states. A value …-added of these calculations lies in a potential transfer to smaller euro area member countries. …
Persistent link: https://www.econbiz.de/10010209429
In the debate on global imbalances, the euro area countries did not receive much attention so far. While the current …
Persistent link: https://www.econbiz.de/10010209436
The Greek government budget situation plays a central role in the debt crisis in the euro area. Strong consolidation …
Persistent link: https://www.econbiz.de/10009711076
There is evidence that a budget consolidation strategy can work with only a small and shortlived negative impact on growth. However, many countries are currently trying to consolidate at the same time as firms and consumers are deleveraging. We develop ten guidelines for consolidation during...
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After President Trump's departure, many expected that the transatlantic partnership would return to its previous state with the US playing a leading role. This article challenges that view. Instead, a new world order is foreseen, with different partnerships and spheres of influence. Europe can...
Persistent link: https://www.econbiz.de/10012621328
- and medium-sized enterprises in the euro area primarily takes place via bank loans and not through capital markets. Based … banking regulation. The panel estimation includes 706 banks from 15 Euro area member states and is conducted for the period …
Persistent link: https://www.econbiz.de/10012063954