End of game? Don’t bet on it
Wyplosz, Charles. The EZ crisis is once again on the march; Spain and Italy are under pressure. This column argues that policymakers are likely to fall back once again on a failed approach to avoid admitting past errors. Ultimately, however, EZ leaders will come around to the only way forward – the ECB underwriting both […]
A Redemption Pact for Europe: Time to act now
Bofinger, Peter, Buch, Claudia, Feld, Lars, Franz, Wolfgang & Schmidt, Christoph. EZ leaders have failed to tame the crisis. This column presents the English language version of the new plan by the German Council of Experts to resolve the crisis via “redemption bonds” and accompanying institutional reforms. Πηγή: Voxeu πλήρες κείμενο
Ετήσιες ποσοστιαίες μεταβολές πραγματικού ΑΕΠ και δαπάνες γενικής κυβέρνησης (%ΑΕΠ), 2000-2011
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