The eurozone sovereign debt crisis, characterized by enormous debt burdens faced by its weakest economies, has also … peripheral eurozone countries have dropped in value and are being reclassified from their prior riskless weight assigned by Basel … shortfalls associated with systemic risk in the next major credit and illiquidity crisis, with Deutsche Bank requiring the …

countries in the Eurozone. Eurobonds could increase lending capacities but would require a change of the European treaty, which …. The policy option is therefore debt restructuring of distressed countries and a bailout of financial institutions to avoid … conflagration. This option would also shift some of the burden to creditors outside the Eurozone rather than to shift all risk on …

Crisis. It identifies the channel through which risks in the financial industry leaked into the public sector. It discusses … the role of the bank rescues in igniting the sovereign debt crisis and reviews approaches to detect early warning signals …