of the euro area crisis in the summer and fall of 2011, these events weakened the banking system which was vulnerable due … to its exposure in Greece. Rather than deal with its ?scal crisis, the government secured a loan from the Russian … the February 2013 election. The strategy succeeded in delaying resolution of the crisis and avoiding short-term political …

conditions in the CDS market. But the relative importance of these factors changes over time. While during the 2008/09 crisis … crisis. Our generalised variance decomposition analyisis does not suggest strong direct spillovers from the euro area …

of twin (sovereign and banking) crisis that stresses how this interdependence creates conditions conducive to a self …-fulfilling crisis. …

operate through conventional channels. The political consequences of a debt crisis, by contrast, seem to be particularly dire …

The paper argues that the Greek debt crisis, as well as those of other Southern European countries and Ireland, has to …

The COVID-19 crisis, which has sent economies in South Asia and around the world into a deep recession, has highlighted … the next financial crisis in South Asia …

We review the impact of the global financial crisis, and its spillovers into the sovereign sector of the euro area, on …