Cyprus, Greece, Ireland, Portugal, and Spain, ranging from roughly 0.5% (Ireland) to a whopping 43% (Greece) of 2010 output … bailout was to prevent an exit from the eurozone and possible contagion. Bailouts to avoid sovereign default were …Despite a formal 'no-bailout clause,' we estimate significant net present value transfers from the European Union to …

collapse of Irish equity markets and subsequent troika intervention in Ireland spilled over upon European equity markets during …

, France and Germany, Ireland and Denmark. She finds, however, substantial variation within these pairs. In some cases the … financial sector is intimately involved in the design of bailout packages; elsewhere it chooses to remain at arm's length. Such … design of bailout packages in favor of the industry. She demonstrates that financial institutions were most powerful in those …