This dataset presents statistics on government debt defined by the Maastricht Treaty. In the Protocol on the excessive … deficit procedure annexed to the Maastricht Treaty, government debt is defined as the debt of the whole general government …

This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their …

plan of last resort for resolving the present EMU sovereign-debt crisis. The key ingredients of our proposal involve a …

reduced the responsiveness of countries to shocks in the level of inherited debt compared to the period prior to succession to … specification, such as an exclusion of Greece from the panel. This suggests that the current debt problems may result to a large … extent from preexisting debt levels prior to entry or from a larger need for fiscal prudence in a common currency, while an …

reduced the responsiveness of countries to shocks in the level of inherited debt compared to the period prior to succession to … specification, such as an exclusion of Greece from the panel. This suggests that the current debt problems may result to a large … extent from preexisting debt levels prior to entry or from a larger need for fiscal prudence in a common currency, while an …