Publication
8 Jul 2010
Europe continues to occupy center stage of Act II of the global financial crisis, which has now mutated into a sovereign-debt crisis within the eurozone. How could this happen when, at least on paper, all problems had seemingly been resolved during May’s extraordinary EU summit meeting, which created a European Financial Stability Facility (EFSF) and ensured total funding of close to $1 trillion?
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English (PDF, 2 pages, 140 KB) |
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| Author | Daniel Gros |
| Series | CEPS Commentaries |
| Publisher | Centre for European Policy Studies (CEPS) |
| Copyright | © 2010 Centre for European Policy Studies (CEPS) |