Template-Type: ReDIF-Paper 1.0 Title: The euro area's tightrope walk- debt and competitiveness in Italy and Spain Handle: RePEc:bre:polcon:790 Author-Name: Zsolt Darvas Abstract: Competitiveness adjustment in struggling southern euro-area members requires persistently lower inflation than in major trading partners, but low Creation-Date: 2013-09 File-URL: https://phpstack-765020-2596826.cloudwaysapps.com/sites/default/files/wp_attachments/pc_2013_11_.pdf File-Format: Application/pdf