Gros, Daniel and Mayer, Thomas. (2010) How to deal with sovereign default in Europe: Create the European Monetary Fund now! CEPS Policy Brief No. 202, February 2010, Updated 17 May 2010. [Policy Paper]
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Abstract
Despite cobbling together an impressive $1 trillion rescue package for countries with potential funding problems, the threat of a disorderly default still looms over the eurozone, creating systemic financial instability at the EU and possibly global level. Against this background, Daniel Gros and Thomas Mayer renew their call for the creation of a European Monetary Fund (EMF) in an update to their Policy Brief issued in February.
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| Item Type: | Policy Paper |
|---|---|
| Subjects for non-EU documents: | 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 Policy Briefs |
| Depositing User: | Phil Wilkin |
| Official EU Document: | No |
| Language: | English |
| Date Deposited: | 11 Aug 2010 |
| Number of Pages: | 11 |
| Last Modified: | 24 Dec 2013 12:12 |
| URI: | http://aei.pitt.edu/id/eprint/14546 |
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