Mathieu, Catherine; Sterdyniak, Henri - Centre de recherche en Économie (OFCE), Sciences … - 2013
The economic crisis which started in 2008 led to a strong rise in public debts. The sovereign debt crisis in euro area … southern countries breached 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 …