Ã?ric Monnet; Pagliari, Stefano; Vallée, Shahin - Bruegel - 2014
well as sovereign debt. This structural feature of European financial systems, gives to banks rather than other financial … holdings of public debt have been on balance re-nationalised. Debt sustainability concerns, uncertainty about the integrity of … debt markets in the euro area 27 have all contributed to put sovereign debt markets under strain and forced governments to …