Euro Conditionality Hinges on Positive Convergence
Abstract The present cocktail of a bleak economic outlook combined with high inflation and rising interest rates has raised questions as to whether a new euro debt crisis might emerge. Euro area sovereign spreads have widened, but not to “unwarranted” levels, unlike the situation that prevailed duri...
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| Main Author: | Michala Marcussen |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2022-10-01
|
| Series: | Intereconomics |
| Online Access: | https://doi.org/10.1007/s10272-022-1081-2 |
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