![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 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](https://www.pdfsearch.io/img/3f08db71e2656865dcd289f9f913ed01.jpg) Date: 2011-02-15 18:42:53Financial 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:Add to Reading ListSource URL: aei.pitt.eduDownload Document from Source Website File Size: 294,18 KBShare Document on Facebook
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