Beyond Public Debt - The hidden rapid erosion of EU governments' balance sheets is a threat that should and can be stopped:
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Bibliographische Detailangaben
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Brussels [Belgium] CEPS Centre for European Policy Studies 2019
Schlagworte:
Online-Zugang:BSB01
Beschreibung:Eleven years after the outbreak of the financial crisis, several countries are still crawling from the economic wreckage. While political tensions have led to much debate around the principle of fiscal prudence and concerns about 'moral hazard' enshrined in the debt and deficit criteria in the Maastricht Treaty as well as the 'no bail-out' clause in the Lisbon Treaty, not enough attention has been paid to the reasons why governments were so unprepared to respond
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