Mathieu, Catherine; Sterdyniak, Henri - In: Revue de l'OFCE N° 132 (2014) 1, pp. 51-91
The economic crisis which started in 2008 led to a strong rise in public debts. The sovereign debt crisis in euro area … southern countries broke the unity of the euro area and weakened the ?single currency? concept. The paper shows that this … designed euro area economic policy framework. Public debts homogeneity needs to be resettled in Europe. European public debts …