Public debt

Making Argentina's Debt Debacle a Rarity

The epic battle between Argentina and a group of U.S. hedge funds illustrates a fundamental flaw in the sovereign bond market: There's no orderly, wel

Early-warning indicators for debt sustainability

The euro area's tightrope walk: debt and competitiveness in Italy and Spain

Competitiveness adjustment in struggling southern euro-area members requires persistently lower inflation than in major trading partners, but low

The Greek debt trap: missing the wrong target

The Greek debt trap: an escape plan

Without corrective measures, Greek public debt will exceed 190 percent of GDP, instead of peaking at the anyway too-high target ratio of 167 percent o

Banking union and Greek bailout renegotiation

The Weekender: From the Spanish program to the banking union - Riga to Athens with love

Dear All, It has been a busy week with conference calls by G7 Minfins and eventually the eurogroup to hammer out an agreement for a Spain program. T

Europe’s growth challenge

The case for supporting Greece