Since the announcement of the European Central Bank’s Outright Monetary Transaction Programme (OMT), lending rates for Eurozone countries in high levels of debt have sunk to a level that cannot be justified by…
Professor Van Anh Vuong, PhD, was a visiting researcher at ZEW's Research Department "Industrial Economics and International Management” from August 24 to 28, 2015. She is Assistant Professor for applied…
The sovereign debt crisis in the Eurozone has prompted the architects of conventional European fiscal rules to show some particular creativity. In order to take control of the situation, existing fiscal policy…