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Financial crises / European Financial Stability Facility / European Union / Late-2000s financial crisis / Euro / Sovereign default / Debt / External debt / Deflation / Economics / European sovereign debt crisis / Government debt
Date: 2011-02-15 18:42:53
Financial crises
European Financial Stability Facility
European Union
Late-2000s financial crisis
Euro
Sovereign default
Debt
External debt
Deflation
Economics
European sovereign debt crisis
Government debt

No. 233/FebruaryDebt reduction without default? Daniel Gros and Thomas Mayer Abstract This paper proposes a two-step, market-based approach to debt reduction:

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