Euro Conditionality Hinges on Positive Convergence

Abstract The present cocktail of a bleak economic outlook combined with high inflation and rising interest rates has raised questions as to whether a new euro debt crisis might emerge. Euro area sovereign spreads have widened, but not to “unwarranted” levels, unlike the situation that prevailed duri...

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Bibliographic Details
Main Author: Michala Marcussen
Format: Article
Language:English
Published: Springer 2022-10-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-022-1081-2
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