Towards a New Euro Crisis?

There is thus a fundamental credibility issue about the willingness of the ECB to be a lender of last resort in the government bond markets. This will continue to make the eurozone a fragile construction. As a result, the possibility of a future euro crisis cannot be excluded.

Detalles Bibliográficos
Autor principal: De Grauwe, Paul
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2022
Materias:
Forum
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9549833/
http://dx.doi.org/10.1007/s10272-022-1078-x
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author De Grauwe, Paul
author_facet De Grauwe, Paul
author_sort De Grauwe, Paul
collection PubMed
description There is thus a fundamental credibility issue about the willingness of the ECB to be a lender of last resort in the government bond markets. This will continue to make the eurozone a fragile construction. As a result, the possibility of a future euro crisis cannot be excluded.
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spelling pubmed-95498332022-10-11 Towards a New Euro Crisis? De Grauwe, Paul Intereconomics Forum There is thus a fundamental credibility issue about the willingness of the ECB to be a lender of last resort in the government bond markets. This will continue to make the eurozone a fragile construction. As a result, the possibility of a future euro crisis cannot be excluded. Springer Berlin Heidelberg 2022-10-10 2022 /pmc/articles/PMC9549833/ http://dx.doi.org/10.1007/s10272-022-1078-x Text en © The Author(s) 2022 https://creativecommons.org/licenses/by/4.0/Open Access: This article is distributed under the terms of the Creative Commons Attribution 4.0 International License (https://creativecommons.org/licenses/by/4.0/). Open Access funding provided by ZBW — Leibniz Information Centre for Economics.
spellingShingle Forum
De Grauwe, Paul
Towards a New Euro Crisis?
title Towards a New Euro Crisis?
title_full Towards a New Euro Crisis?
title_fullStr Towards a New Euro Crisis?
title_full_unstemmed Towards a New Euro Crisis?
title_short Towards a New Euro Crisis?
title_sort towards a new euro crisis?
topic Forum
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9549833/
http://dx.doi.org/10.1007/s10272-022-1078-x
work_keys_str_mv AT degrauwepaul towardsaneweurocrisis

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