of the accumulation of Greece's public debt since the 1960s and the role of public debt in the recent crisis. We show … solution of the Greek and wider European crisis. A broader agenda that deals with the malaises of the Greek economy and the …

-to-quality effect. Common news about the euro crisis and news about specific countries itself tend to raise the covariance of yields … between distressed countries, indicating potential crisis spill-over effects. However, we do not detect spillover effects from … Markets Programme (SMP) mitigate the negative crisis spillovers among the distressed countries and reduce the flight …

-to-quality effect. Common news about the euro crisis and news about specific countries itself tend to raise the covariance of yields … between distressed countries, indicating potential crisis spillover effects. However, we do not detect spillover effects from … Markets Programme (SMP) mitigate the negative crisis spillovers among the distressed countries and reduce the flight …

a weakened link between spreads and fundamentals, but with higher spreads relative to the pre-crisis period and residual … reversing the dynamics of the European sovereign debt crisis. …

accumulation rather than crisis dates and find that in both advanced and EMEs, corporate debt buildups cause more financial peaks …

characterised by a weakened link between spreads and fundamentals, but with higher spreads relative to the pre-crisis period and …

the 2011-13 Euro crisis, the quality of services and level of regulation did not deteriorate or indeed improved …, increasing convergence with the core Euro countries. However, the debt crisis dramatically worsened citizens’ perceptions of … quality of governance as well as the level of social trust. The very different approach followed with the Covid crisis might …