strong link is present between central bank liquidity support and sovereign holdings, opportunistic strategies or reach … advantage of their higher risk-bearing capacity to gain exposure (via central bank liquidity) to the set of riskier sovereign …

restructuring of any foreign eurozone country. Debt will not be forgiven: individual states will agree to buy it back from the ECB …

sovereigns manifested in a liquidity shock to their international funding through two channels: (i) a contraction in cross … households, is documented for euro area banks affected by the international liquidity shock and that drew on ECB liquidity under …

. Specifically, market pricing of the Eurozone credit risk, liquidity risk and the risk appetite increased after the crisis and it … into the Eurozone. We assessed the pricing of sovereign risk by performing an OLS/2SLS fixed effects panel analysis on a … pool of Eurozone countries and a SUR regression with Portugal and Spain covering the period 1999:11 until 2019:6. Our …