| Author (Person) | Manasse, Paolo |
|---|---|
| Publisher | Centre for Economic Policy Research |
| Series Title | CEPR VoxEU |
| Series Details | 5.4.11 |
| Publication Date | 05/04/2011 |
| Content Type | Journal | Series | Blog |
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The meeting of the European Council on 24-25 March 2011 focused on shoring up the battered Eurozone infrastructure through the European Stability Mechanism. This column argues that the mechanism is seriously flawed. It says it is unlikely to withstand the shock of a severe financial crisis and may even spread the damage to high-debt countries, while leaving the Eurozone in the grip of paralysing vetoes. VoxEU.org is a policy portal set up by the Centre for Economic Policy Research in conjunction with a consortium of national sites, including the Italian site LaVoce, the French site Telos and the Spanish site Sociedad Abierta. Vox aims to promote research-based policy analysis and commentary by leading scholars. The intended audience is economists in governments, international organisations, academia and the private sector as well as journalists specializing in economics, finance and business. |
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| Source Link | Link to Main Source http://www.voxeu.org/index.php?q=node/6315 |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe |
