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

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.

• | : Phoebus L. Athanassiou, Angelos T. Vouldis
• | Publisher: Taylor & Francis Ltd
• | Publication Date: Aug 24, 2021
• | Country of Publication: United Kingdom
• | Number of Pages: 236 pages
• | Language: Unknown
• | Binding: Hardback
• | ISBN-10: 0367523469
• | ISBN-13: 9780367523466