Marcussen, Michala - In: Intereconomics : review of European economic policy 57 (2022) 5, pp. 288-292
questions as to whether a new euro debt crisis might emerge. Euro area sovereign spreads have widened, but not to “unwarranted …” levels, unlike the situation that prevailed during the European debt crisis. A replay of the funding fears, which drove the … euro area debt crisis a decade ago, seems unlikely today with the extensive toolkit now in place. …