Schuknecht, Ludger (contributor); … - 2008
, fiscal policy, government debt, bail out, regional public
finances
JEL Classification: E43, E62, H63, H74
5
ECB …’ assessment of the
sustainability of a government’s fiscal policy. Weak fiscal discipline and rising credit risk
should be … signals of the markets’ assessment of the sustainability of fiscal policy.
Market-imposed discipline of this kind is …