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European Sovereign Debt Crisis: Breaking the Vicious Circle between Sovereigns and Banks

by Athanassiou, Phoebus L

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Description

This book explains why the euro area's progress in reining-in the risks arising from the well-documented bi-directional financial contagion transmission mechanism that links sovereigns to commercial banks has been more prominent in respect of the channel of contagion moving from banks to sovereigns.

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Product Details

  • Jan 29, 2024 Pub Date:
  • 1032030550 ISBN-10:
  • 9781032030555 ISBN-13:
  • English Language