Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace Coronabonds

Abstract With public debt-to-GDP levels now set to surpass post-war records and Italy’s ratio approaching levels reached in Greece on the eve of the country’s debt restructuring in early 2012, fears of a return of the sovereign debt crisis have emerged.

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Main Authors: Sebastian Dullien, Thomas Theobald, Silke Tober, Andrew Watt
Format: Article
Language:English
Published: Springer 2020-06-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-020-0892-2
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author Sebastian Dullien
Thomas Theobald
Silke Tober
Andrew Watt
author_facet Sebastian Dullien
Thomas Theobald
Silke Tober
Andrew Watt
author_sort Sebastian Dullien
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description Abstract With public debt-to-GDP levels now set to surpass post-war records and Italy’s ratio approaching levels reached in Greece on the eve of the country’s debt restructuring in early 2012, fears of a return of the sovereign debt crisis have emerged.
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spelling doaj-art-8387d4aa1b8a46c59c00ac3875bc34b02025-01-17T08:34:13ZengSpringerIntereconomics0020-53461613-964X2020-06-0155315215510.1007/s10272-020-0892-2Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace CoronabondsSebastian Dullien0Thomas TheobaldSilke ToberAndrew WattMacroeconomic Policy Institute (IMK)Abstract With public debt-to-GDP levels now set to surpass post-war records and Italy’s ratio approaching levels reached in Greece on the eve of the country’s debt restructuring in early 2012, fears of a return of the sovereign debt crisis have emerged.https://doi.org/10.1007/s10272-020-0892-2
spellingShingle Sebastian Dullien
Thomas Theobald
Silke Tober
Andrew Watt
Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace Coronabonds
Intereconomics
title Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace Coronabonds
title_full Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace Coronabonds
title_fullStr Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace Coronabonds
title_full_unstemmed Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace Coronabonds
title_short Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace Coronabonds
title_sort why current eu proposals for corona related financial aid cannot replace coronabonds
url https://doi.org/10.1007/s10272-020-0892-2
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