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A European mechanism for sovereign debt crisis resolution- a proposal

Author

Listed:
  • Jürgen von Hagen
  • Jean Pisani-Ferry
  • André Sapir
  • Francois Gianviti
  • Anne O. Krueger

Abstract

This Bruegel Blueprint argues that Europe should take the lead in defining a solution to the problem of excessive public debts and create a European Crisis Resolution Mechanism (ECRM).The authors, Francois Gianviti, Anne O. Krueger, Jean Pisani-Ferry, André Sapir and Jürgen von Hagen, present the rationale for such a mechanism in the euro area and details of how an ECRM would work. The ECRM would be a permanent tool to...

Suggested Citation

  • Jürgen von Hagen & Jean Pisani-Ferry & André Sapir & Francois Gianviti & Anne O. Krueger, . "A European mechanism for sovereign debt crisis resolution- a proposal," Blueprints, Bruegel, number 446, June.
    • Handle: RePEc:bre:bluprt:446
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