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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Bibliographic Details
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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