Series: IMF Working Papers
Author(s): Edda Zoli , and Silvia Sgherri
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 October 2009
Keywords: Sovereign Spreads, Global Risk Repricing, bond, sovereign bond, bonds,
While the use of public resources is critical to cushion the impact of the financial crisis on the euro-area economy, it is key that the entailed fiscal costs not be seen by markets as undermining fiscal sustainabi...