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Numerical Compliance with EU Fiscal Rules: Facts and Figures from a New Database
Larch, Martin; Malzubris, Janis; Santacroce, Stefano - In: Intereconomics 58 (2023) 1, pp. 32-42
EU fiscal rules are meant to keep public finances on a sustainable path. This paper presents a new database that tracks numerical compliance with the four main rules of the Stability and Growth Pact starting in 1998. Our assessment of numerical compliance abstracts from the many exceptions and...
Persistent link: https://www.econbiz.de/10014334679
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Greece's new agreement with Europe: Is this time different?
Kazarian, Paul B.; Pelagidis, Theodore - In: Intereconomics 50 (2015) 5, pp. 281-287
The correct understanding of Greece's debt can only be obtained by using international accrual accounting standards …. This article provides some detailed answers on the rules for measuring debt and debt relief and the application to Greece. …
Persistent link: https://www.econbiz.de/10011773254
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A modest proposal for resolving the eurozone crisis
Varoufakis, Yanis; Holland, Stuart - In: Intereconomics 47 (2012) 4, pp. 240-247
This paper presents three simple policies for overcoming the crisis that can be implemented immediately and require none of the moves such as national guarantees or fiscal transfers to which many Europeans are opposed, nor moves towards federation that entail Treaty changes, which electorates...
Persistent link: https://www.econbiz.de/10010471462
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The eurozone crisis and citizens' shattered systemic trust
Roth, Felix - In: Intereconomics 47 (2012) 3, pp. 138-139
Persistent link: https://www.econbiz.de/10010290835
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Convergence in GDP per Capita in the Euro Area and the EU at the Time of COVID-19
Licchetta, Mirko; Mattozzi, Giovanni - In: Intereconomics 58 (2023) 1, pp. 43-51
This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021. It finds that the COVID-19 crisis temporarily slowed convergence but the estimated negative impact is significantly smaller than during the global financial crisis. Diverging...
Persistent link: https://www.econbiz.de/10014334683
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Towards a New Euro Crisis?
De Grauwe, Paul - In: Intereconomics 57 (2022) 5, pp. 273-277
government bond markets. This will continue to make the eurozone a fragile construction. As a result, the possibility of a future …
Persistent link: https://www.econbiz.de/10013468417
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External imbalances in the EU: A REER-based explanation
Kutasi, Gábor - In: Intereconomics 50 (2015) 5, pp. 301-308
The debt crisis of the eurozone revealed a structural problem of the single market rooted in the external imbalance … problem of indebted member states. The assumption of this paper is that the current account imbalances within the eurozone are … based on an intra-eurozone competitiveness disparity originated in the single currency and the heterogeneity of member state …
Persistent link: https://www.econbiz.de/10011773257
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The Debt Ceiling, Once More, with Feeling...
Galbraith, James K. - In: Intereconomics 58 (2023) 1, pp. 63-64
Persistent link: https://www.econbiz.de/10014334682
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Editorial: A Three Percent Structural Deficit Rule
Breuer, Christian - In: Intereconomics 57 (2022) 1, pp. 2-3
Persistent link: https://www.econbiz.de/10013343160
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Coming home to Europe: Greece and the Euro
Herz, Bernhard; Kotios, Angelos - In: Intereconomics 35 (2000) 4, pp. 170-176
Persistent link: https://www.econbiz.de/10010271032