Publication
30 Mar 2012
In this CEPS Commentary the authors assess the decision taken at the informal Eurogroup meeting on the 30th of March to raise the lending ceiling of the European Stability Mechanism/European Financial Stability Facility. The authors argue that the size of the so-called 'firewall' will be insufficient, should larger member states like Spain or Italy require financial assistance.
Download |
English (PDF, 3 pages, 130 KB) |
---|---|
Author | Alessandro Giovannini, Daniel Gros |
Series | CEPS Commentaries |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2012 Centre for European Policy Studies (CEPS) |