Corsetti, Giancarlo; Devereux, Michael P.; Hassler, John; … - In: EEAG Report on the European Economy (2011) 02, pp. 71-96
The European debt crisis followed the US financial crisis with a delay of one and a half years. While its first signs were visible in November and December of 2009 when the rating agency Fitch downgraded Ireland and Greece, it culminated on 28 April 2010 when the intra-day interest rate for...