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How high the firewall? Potential peripheral financing needs. CEPS Commentary, 30 March 2012

Giovannini, Alessandra and Gros, Daniel. (2012) How high the firewall? Potential peripheral financing needs. CEPS Commentary, 30 March 2012. [Policy Paper]

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    Abstract

    In this CEPS Commentary Alessandro Giovannini and Daniel Gros assess the decision taken at the informal Eurogroup meeting on the 30th of March to raise the lending ceiling of the European Stability Mechanism/European Financial Stability Facility, arguing that the size of the so-called 'firewall' will be insufficient, should larger member states like Spain or Italy require financial assistance.

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    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: 03 Apr 2012 14:41
    Number of Pages: 3
    Last Modified: 03 Apr 2012 14:41
    URI: http://aei.pitt.edu/id/eprint/34447

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