Policy Article
In favour for a debt cut and against the euro rescue fund? Arguments on trial (in German)
Kiel Policy Brief, 29
Authors
Publication Date
Key Words
Related Topics
Economic & Financial Crises
European Union & Euro
Fiscal Policy & National Budgets
The regulations on the safety net for the euro are often criticized for its incentives for debtors. However, currently high government bond spreads can be observed. There is no sign that the safety net evens out risk differences. Thus, the main argument against the safety net may be exaggerated.
