Varoufakis, Yanis; Holland, Stuart - Levy Economics Institute - 2011
eurozone crisis that simultaneously addresses the three main dimensions of the current crisis in the eurozone (sovereign debt …, banking, and underinvestment), restructures both a share of sovereign debt and that of banks, and does not involve a fiscal … Holland recommend a tranche transfer of the sovereign debt of each EU member-state to the European Central Bank (ECB), to be …