Euro Area Sovereign Risk During the Crisis.

While the use of public resources is critical to cushion the impact of the financial crisis on the euro-area economy, it is key that the entailed fiscal costs not be seen by markets as undermining fiscal sustainability. From this perspective, to what extent do movements in euro area sovereign spread...

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Bibliographic Details
Main Author: Zoli, Edda
Other Authors: Sgherri, Silvia
Format: eBook
Language:English
Published: Washington : International Monetary Fund, 2009.
Series:IMF Working Papers.
Subjects:
Online Access:Click for online access