Kauder, Björn - In: IW-Trends - Vierteljahresschrift zur empirischen … 48 (2021) 4, pp. 79-98
development of government debt ratios in France and the four southern European EU member states Greece, Italy, Portugal and Spain … of reducing its debt to the 60 per cent of GDP envisaged by the Stability and Growth Pact. For France, Italy and Spain, a … balances, while Italy continues to suffer from a sluggish economy. The sustainability of national budgets thus remains a …