It recognized that the sovereign debt crisis in the euro area was the defining challenge of the age and would continue to [...] daccess-ods.un.org 欧洲联盟认识到,欧元区的主权债务 危机 是这 个时 代的挑战,欧洲联盟将继续拿出政治决心、勇气和 政治才干来迎接这一挑战。 daccess-ods.un....
The European sovereign debt crisis was a financial crisis sparked by high government debt and poor money management that rocked various European countries between 2008 and 2012. The countries caught up in the crisis, led by Greece, received bailout funds in exchange for agreeing to cut public spe...
Wind, S. L. (2011) Eurozone Sovereign Debt Crisis (25 November 2011), SSRN: http://ssrn.com/ abstract=1966315.Serge W., Eurozone Sovereign Debt Crisis, working paper, New York University, 2011.Eurozone Sovereign Debt Crisis. Serge W. working paper New York University . 2011...
a这些至今都是一个谜 These all are a riddle until now[translate] aDEFECT 瑕疵[translate] aEuropean Union leaders are meeting in Brussels to thrash out the details of plans to fix the eurozone's sovereign debt crisis. 欧共体领导在布鲁塞尔见面磋商计划细节固定eurozone的主要债务危机。[translate]...
"The Roots of the Eurozone Sovereign Debt Crisis: PIGS vs Non-PIGS." Panoeconomicus, 58(Special Issue): 631- 649.Fernandes, A.L.C. and Mota, P.R., `The Roots of the Eurozone Sovereign Debt Crisis: PIGS vs Non-PIGS', 2011, Panoeconomicus, vol. 5, Special Issue, pp. 631-649....
The euro crisis is often said to have been the consequence of an excessive debt, private or public, and finally both. But that excessive debt would not have resulted in such a serious crisis had the eurozone institutions properly ensured the correct working of the mechanisms of a monetary ...
Sovereign debt crisisHome biasBayesian panel SVARThe share of government debt held by the domestic sector – recently increased in most fragile Euro area countriesDomestic fundamental and expectations shocks impact the dynamics of home bias in our sampleWe find no evidence that an increase in home ...
states standing in the eurozone's periphery, investors caused, in a self-fulfilling way, the crisis that ultimately threatened the eurozone's integrity and the euro's survival. So how do we explain the behaviour of market investors before, during and after the eurozone's sovereign debt crisis?
In this chapter, we briefly illustrate the two “crises”—the global financial crisis (with the consequent Great Recession of 2008–09) and the sovereign debt crisis—causing a second recession and whose impact is long lasting in Europe. In...
The union results from the fact that the sovereign debt crisis in the singlecurrency area led to fragmented financial market, further worsening the crisis. The BU has four crucial elements: single supervisory mechanism (SSM); singleresolution mechanism, fiscal backstop, harmonization of deposit ...