This paper argues that the Eurozone crisis stems from a risk management failure in the Eurosystem's design, and that …

The present study puts forward a plan for solving the sovereign debt crisis in the euro area (EA) in line with the … restructuring of any foreign eurozone country. Debt will not be forgiven: individual states will agree to buy it back from the ECB …

New monthly statistical indicators on government debt securities for euro area countries have now been developed on the … describes in detail the newly compiled statistical information and thus contributes to further describing the euro area … government bond markets. The new indicators on euro area government debt securities are also highly relevant for policymaking and …

’s handling of the euro crisis. We link models of multiple equilibria with the IMF's experience made in Latin American crises in …