Abstract
With public debt-to-GDP levels now set to surpass post-war records and Italy’s ratio approaching levels reached in Greece on the eve of the country’s debt restructuring in early 2012, fears of a return of the sovereign debt crisis have emerged.
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Sebastian Dullien, Macroeconomic Policy Institute (IMK), Düsseldorf; and HTW Berlin — University of Applied Sciences, Germany.
Thomas Theobald, University of Bamberg; and Macroeconomic Policy Institute (IMK), Düsseldorf, Germany.
Silke Tober, Macroeconomic Policy Institute (IMK), Düsseldorf, Germany.
Andrew Watt, Macroeconomic Policy Institute (IMK), Düsseldorf, Germany.
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Dullien, S., Theobald, T., Tober, S. et al. Why Current EU Proposals for Corona-Related Financial Aid Cannot Replace Coronabonds. Intereconomics 55, 152–155 (2020). https://doi.org/10.1007/s10272-020-0892-2
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DOI: https://doi.org/10.1007/s10272-020-0892-2