This paper investigates the risk implications of securitizing the Eurozone sovereign debt as collateralised debt obligations (CDO). The proposal of creating asset-backed securities underpinned by Eurozone sovereign bonds has gained traction since the Eurozone Sovereign Debt Crisis of 2009-2012,...

This study addresses and evaluates the impacts of the introduction of the euro on both actual and potential output and employment. In order to achieve this, a descriptive and analytical examination of developments before and after the launch of the euro is undertaken, with comparisons drawn...