Gros, Daniel and Mayer, Thomas. (2010) Financial Stability beyond Greece: Making the most of the European Stabilisation Mechanism. CEPS Commentaries, (Updated) 11 May 2010. [Policy Paper]
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Abstract
In updating their latest Commentary following the newly created €600 billion European Stabilisation Mechanism, Daniel Gros and Thomas Mayer propose that this new initiative should be transformed into an institution that could play a key role in the euro area's evolving fiscal policy and in organising the smooth insolvency of member states where an austerity programme fails.
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| Item Type: | Policy Paper |
|---|---|
| Subjects for non-EU documents: | EU policies and themes > EU institutions & developments > European Financial Stability Facility Countries > Greece EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance |
| Subjects for EU documents: | UNSPECIFIED |
| EU Series and Periodicals: | UNSPECIFIED |
| EU Annual Reports: | UNSPECIFIED |
| Series: | Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries |
| Depositing User: | Phil Wilkin |
| Official EU Document: | No |
| Language: | English |
| Date Deposited: | 10 Aug 2010 |
| Number of Pages: | 2 |
| Last Modified: | 03 Aug 2015 15:43 |
| URI: | http://aei.pitt.edu/id/eprint/14498 |
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