Public debt

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Showing 49-64 of 88 results

21 October 2016

Breaking the vicious circle

Nicolas Véron argues that EU banking union can only be complete if the vast amounts of domestic sovereign debt held by many banks are reduced

07 May 2016

Is Greek public debt unsustainable?

Greek public debt does not look sustainable if the country has to return to market borrowing at the end of the third bail-out programme, but could be

18 February 2016

Which fiscal union for the euro area?

At the current level of political and societal integration, a large federal budget is unrealistic in the euro area. The authors make three recommenda

26 October 2015

The global debt overhang

What’s at stake: Seven years after the financial crisis, recovery is still weak in most parts of the global economy. The general debt overhang across

13 August 2015

Greece: Lessons for Europe

It was inevitable that Greece would have to make cuts. Yet, if it is ever to pay back its debts, what the country needs most of all is a growth strate

16 July 2015

Greece budget update

Primary surplus picked up in June, but July is the key month to watch.

16 July 2015

Five Lessons on Greece

A reflection on the experience of Greece and other countries who have implemented rescue programs