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how these instruments will work, given jittery financial markets, the pending sovereign default of Greece and the fear of …
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One possible solution to the sovereign debt crisis is the European Redemption Pact (ERP) proposed by the German Council of Economic Experts. The ERP provides sustainable financing conditions for participating sovereigns to facilitate bringing public debt ratios below the reference value of 60%...
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In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example–both by …
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