| Author (Person) | Peel, Quentin, Spiegel, Peter |
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| Series Title | Financial Times |
| Series Details | 10.11.10 |
| Publication Date | 10/11/2010 |
| Content Type | News |
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The Brussels-based think tank Bruegel has published a paper called 'A European Mechanism for Sovereign Debt Crisis Resolution: A Proposal', November 2010. The Bruegel Blueprint argues that Europe should take the lead in defining a solution to the problem of excessive public debts and create a European Crisis Resolution Mechanism (ECRM). The authors, Francois Gianviti, Anne O. Krueger, Jean Pisani-Ferry, Andre Sapir and Jürgen von Hagen, present the rationale for such a mechanism in the euro area and details of how an ECRM would work. The ECRM would be a permanent tool to deal with sovereign debt crises in an effective and predictable way. |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
