The turmoil affecting southern euro area countries (notably Greece) has ushered in the second phase of the financial crisis: that of sovereign default. It is now time to look for a new framework that allows the Union to deal with the failure of one of its members. In this new CEPS Policy Brief, authors Daniel Gros of CEPS and Thomas Mayer of the Deutsche Bank Group argue for the setting up of a European Monetary Fund. One of the tasks of this EMF would be to manage the insolvency of euro area countries in an orderly way.
Click here to see Thomas Mayer's CV.
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The turmoil affecting southern euro area countries (notably Greece) has ushered in the second phase of the financial crisis: that of sovereign default. It is now time to look for a new framework that allows the Union to deal with the failure of one of its members. In this new CEPS Policy Brief, authors Daniel Gros of CEPS and Thomas Mayer of the Deutsche Bank Group argue for the setting up of a European Monetary Fund. One of the tasks of this EMF would be to manage the insolvency of euro area countries in an orderly way.
Click here to see Thomas Mayer's CV.
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Date of publication:
08 February 2010
The turmoil affecting southern euro area countries (notably Greece) has ushered in the second phase of the financial crisis: that of sovereign default. It is now time to look for a new framework that allows the Union to deal with the failure of one of its members. In this new CEPS Policy Brief, authors Daniel Gros of CEPS and Thomas Mayer of the Deutsche Bank Group argue for the setting up of a European Monetary Fund. One of the tasks of this EMF would be to manage the insolvency of euro area countries in an orderly way.
Click here to see Thomas Mayer's CV.
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Click here to see Thomas Mayer's CV.
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The turmoil affecting southern euro area countries (notably Greece) has ushered in the second phase of the financial crisis: that of sovereign default. It is now time to look for a new framework that allows the Union to deal with the failure of one of its members. In this new CEPS Policy Brief, authors Daniel Gros of CEPS and Thomas Mayer of the Deutsche Bank Group argue for the setting up of a European Monetary Fund. One of the tasks of this EMF would be to manage the insolvency of euro area countries in an orderly way.
Click here to see Thomas Mayer's CV.
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Date of publication:
08 February 2010
The turmoil affecting southern euro area countries (notably Greece) has ushered in the second phase of the financial crisis: that of sovereign default. It is now time to look for a new framework that allows the Union to deal with the failure of one of its members. In this new CEPS Policy Brief, authors Daniel Gros of CEPS and Thomas Mayer of the Deutsche Bank Group argue for the setting up of a European Monetary Fund. One of the tasks of this EMF would be to manage the insolvency of euro area countries in an orderly way.
Click here to see Thomas Mayer's CV.
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08 February 2010
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