Mody, Ashoka - Bruegel - 2014
September Steinkamp, Sven and Frank Westermann (2014) 'The Role of Creditor Seniority in Europeâ??s Sovereign Debt Crisis … body such as the ESM, and because it was not straightforward to claim that problems on account of excessive sovereign debt … to deal with the crisis had been narrowed down to austerity, which was not paying dividends. European policymakers had …