This paper investigates Germany's vulnerability to the ongoing Euroland crisis. In 2010-11, Germany experienced a … strong rebound from the global financial crisis of 2008-09. The Euroland crisis then meant record low interest rates and a … depressed euro that boosted German extra-area exports. But the crisis that started in Euroland's so-called periphery has …

Eurozone crisis, I confirm that sovereign debt has been reallocated from foreign to domestic banks at the peak of the crisis … more local sovereign debt in the midst of the crisis. This has traditionally been interpreted as an evidence of financial … suasion – located in informationally closer territories have relatively increased their exposures to crisis-countries …

of the eurozone crisis, I first re-confirm that the crisis led to the reallocation of sovereign debt from foreign to … reallocation channel based on informational frictions and show that crisis-country debt was not only reallocated to domestic banks … key role in the recent fragmentation across eurozone debt markets …

This paper studies euro area CDS spreads during the financial crisis. We examine the impact of the crisis on both … crisis. …

Since the onset of the eurozone sovereign debt crisis, credit risk spreads in Europe have diverged. Despite this … eurozone countries during the sovereign debt crisis. We find strong evidence for both fundamentals and nonfundamentals based … divergence, credit risk comoves strongly within certain country groups such as the eurozone periphery. We seek to answer what the …