Debt Relief as a Last Resort for the Lender of Last Resort?
Abstract The coronavirus crisis has led to a sharp increase in the debt-to-GDP ratios of the euro area member states. Without external support, access to the capital market could be seriously threatened in the medium term for Italy, but also for other member states. While the Pandemic Emergency Purc...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Springer
2021-08-01
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| Series: | Intereconomics |
| Online Access: | https://doi.org/10.1007/s10272-021-0984-7 |