Keyword:Sovereign Debt

Image Courtesy: Diego Torres Silvestre © flickr Image Courtesy: Diego Torres Silvestre © flickr

The Future of Sovereign Debt – the Answer May Lie in Argentina

What happens when sovereign debt goes bad? In the corporate world, debt contracts are subject to bankruptcy and liquidation laws. But no such mechanism exists following sovereign default. Recent legal rulings in the Argentine debt saga suggest that this system may now be unattainable. More ...

GED Studie Maastricht_2_0

Study: Maastricht 2.0
Proposed Reform of EU Sovereign Debt Rules

  Growing sovereign debt within in European Union turns out to be an increasing burden for the entire EU and the Euro. Thus Europe urgently needs long-term fiscal policies designed to reduce government debt to manageable levels and at the same time to promote a stable kind of economic development. More ...