exposures significantly amplified the transmission of risk from the sovereign and its impact on lending. This amplification of … the impact on lending cannot be ascribed to spurious correlation or reverse causality. …

The sovereign debt crisis in the euro area has increased the interest in early warning indicators, with the aim to …

The sovereign debt crisis in the euro area has raised interest in early warning indicators, aimed at signalling the …

show that growth is higher if the debt to GDP ratio is below 60 % compared to values above it. Moreover, a comparison with …

Debt Overhang is a controversial issue in the eurozone countries and is considered as one of the factors which created … the current economic crisis. How to deal with sovereign debt has been debated both at the theoretical and policy making … level. This paper looks at the Greek debt and four options are discussed: (a) unilateral default (b) unilaterally imposed …

interest margin (NIM) and its components, retail lending and retail deposit rates. Using two proprietary bank-level data sets … market rates. As low profitability could hamper the ability of banks to expand lending, I also investigate the impact of the … NIM on new lending to the non-financial private sector. In general, the NIM is positively related to lending: When lending …