Publication
Jun 2012
This brief discusses the main elements of a policy response to the eurozone crisis, which the author contends would be capable of reassuring financial markets and public opinion. The policy package contains more than Germany has been willing to accept so far but much less than the many demands it will confront at the European Council meeting. More importantly, it only requires a minimum of additional disbursements by the member states, while strengthening risk-sharing for sovereign and banking risks.
Download |
English (PDF, 12 pages, 624 KB) |
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Author | Stefano Micossi |
Series | CEPS Policy Briefs |
Issue | 274 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2012 Stefano Micossi |