{"id":4439,"date":"2012-09-09T12:24:26","date_gmt":"2012-09-09T10:24:26","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=4439"},"modified":"2012-09-10T19:18:45","modified_gmt":"2012-09-10T17:18:45","slug":"why-early-sovereign-default-could-save-the-euro","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/why-early-sovereign-default-could-save-the-euro\/","title":{"rendered":"Why early sovereign default could save the euro"},"content":{"rendered":"<p>Hau, Harald, Hege, Ulrich.<\/p>\n<p>\u00a0The recent announcement by the ECB that it will start to buy Spanish and Italian sovereign debt has been warmly welcomed throughout Europe. But this column argues that by doing so the ECB is digging the euro\u2019s grave. It says the solution is default, either through inflation or debt restructuring \u2013 and that debt restructuring has many advantages if it is done early enough.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Voxeu<\/p>\n<p><a href=\"http:\/\/voxeu.org\/article\/why-early-sovereign-default-could-save-euro\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hau, Harald, Hege, Ulrich. \u00a0The recent announcement by the ECB that it will start to buy Spanish and Italian sovereign debt has been warmly welcomed throughout Europe. But this column argues that by doing so the ECB is digging the euro\u2019s grave. It says the solution is default, either through inflation or debt restructuring \u2013 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,25,27],"class_list":["post-4439","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-25","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=4439"}],"version-history":[{"count":2,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4439\/revisions"}],"predecessor-version":[{"id":4460,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/4439\/revisions\/4460"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=4439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=4439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=4439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}