Top

Published in:

2014 | OriginalPaper | Chapter

11. Will Bailouts Lead to a Dissolution of the Euro?

Author : Efthymios G. Tsionas

Published in: The Euro and International Financial Stability

Publisher: Springer International Publishing

Activate our intelligent search to find suitable subject content or patents.

search-config

AI-assisted search

Off

Abstract

As we remarked, there are bailouts at several levels. To bailout the public sector wages and salaries or pensions in Greece, Greece needs a plan according to the Poincare lines. A public debt authority and a pensions authority that will consolidate obligations and revenues, backed on real resources. This is a matter of short run importance and immediate consideration must be given to it.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

inform now

previous chapter Understanding Crises and Recessions

next chapter On the Destabilizing Effects of Bailouts

Gustavson M (2010) The global debt crisis, http://mises.org/daily/4151/The-Global-Debt-Crisis

Mongelli FP (2008) European economic and monetary integration and the optimum currency area theory, ECB working paper

Prychitko D (2010) Competing explanations of the Minsky moment: The financial instability hypothesis in light of Austrian theory. Rev Austrian Econ 23:199–22

Title: Will Bailouts Lead to a Dissolution of the Euro?
Author: Efthymios G. Tsionas
Publisher: Springer International Publishing
Book: The Euro and International Financial Stability
Print ISBN: 978-3-319-01170-7

Electronic ISBN: 978-3-319-01171-4

Copyright Year: 2014
DOI: https://doi.org/10.1007/978-3-319-01171-4_11