confronting euro area governments. It suggests that pooling fiscal risks, creating an EU Treasury and issuing jointly-backed euro … advantages and disadvantages of euro bonds and concludes that issuing euro bonds can transform a market that is fragmented along … investors and wealth managers to use euro bond instruments as a tool for payment or transactions needs as well as short …

the Euro area monetary and fiscal systems by focusing markets and public attention on the core cause of the overall Euro … crisis, the insolvency of the Euro area member-states model of debt financing of public and private expenditure and … investment. Hence, any repair of the system will require addressing the twin malaises of the Euro area model of economic …

The Euro zone debt crisis has indeed jeopardized the recovery plans put in place post global crisis by regulators …

This paper argues that using gold as collateral for highly distressed bonds would bring great benefits to the euro area … in the context of the euro crisis. This move is then compared to the ECB’s now terminated Securities Market Programme …

This paper argues that using gold as collateral for highly distressed bonds would bring great benefits to the euro area … in the context of the euro crisis. This move is then compared to the ECB’s now terminated Securities Market Programme …Der Autor schlägt vor, dass die Euro-Krisenländer Anleihen mit Goldreserven unterlegen sollen. Damit würden …

to an 86% increase in the Greek issue of euro banknotes.If EU/IMF loans to Greece cease, they will be replaced by larger … Greek borrowing from the eurosystem, for as long as Greece stays in the euro.Eurozone governments would only escape from … payments out of Greece, it would imply that cross-border payments by means of euro banknotes would also have to be restricted …