during the Eurozone sovereign crisis. We find that Fitch, the rating agency among the “Big Three” with significantly stronger … ties to Europe, was more reluctant than its two more US-tied peers to downgrade Eurozone countries during the crisis. The …

By the end of 2013, the share of government debt held by the domestic banking sectors of Eurozone countries was more … risky (as measured by CDS spreads). These effects are most pronounced in the period following the second Greek bailout in …

. Due to its predictive nature, it can respond more quickly to crisis occurrences than common in-sample techniques. We …

Reflections on the sovereign debt crisis often portray the Eurogroup and the Eurogroup Working Group (EWG) as … Eurogroup and EWG interaction during the sovereign debt crisis. The argument highlights the role of deliberation and consensus … Union, highlighting its structural effects on governance and decision-making processes during the sovereign debt crisis. …

model for each of the three major credit rating agencies. After the start of the European debt crisis in 2009, the … eurozone membership switched from positive to negative. In addition, GDP growth gained a lot of importance for highly indebted … European debt crisis …

description of the strongest test this project has had to date, the sovereign debt crisis, and its impact on the relations between … beginning of the global financial meltdown of 2008. This was the first major crisis for the Union and it demonstrated lack of … proper structural design and volatility of its institutions. As a result, the sovereign debt crisis was characterized by a …

Greek borrowing from the eurosystem, for as long as Greece stays in the euro.Eurozone governments would only escape from …

However as the crisis aff ... …The others argue that the debt crisis of the Southern European countries did not result from excessive social spending …