Amid an energy crisis, sky-high inflation, and a possible recession, some experts think a new debt crisis could also be looming for some European nations.
A European Debt Agency could greatly help in implementing a new fiscal policy strategy in Europe. This column identifies fluctuations in bond prices over the past 20 years that such an agency could have prevented, and argues that the agency could absorb the entire euro area debt while reducing its size due to less volatile price dynamics. A European Debt Agency could be used
There have been various proposals for how to manage the sovereign debt portfolio accumulated by the Eurosystem in its efforts to raise inflation and provide emergency support in response to the pandemic. This column argues that the euro area needs a new mechanism to free the Eurosystem of the encumbrance of its sovereign portfolio. Such a mechanism cannot be provided by the
Interview mit Jens Spahn: „Olaf Scholz ist das Feigenblatt einer linken SPD rundschau-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rundschau-online.de Daily Mail and Mail on Sunday newspapers.