Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/66172 
Erscheinungsjahr: 
2009
Quellenangabe: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 44 [Issue:] 3 [Publisher:] Springer [Place:] Heidelberg [Year:] 2009 [Pages:] 132-141
Verlag: 
Springer, Heidelberg
Zusammenfassung: 
The sharp widening of yield spreads among EMU sovereign bonds in the course of the economic crisis and concerns that some EMU member countries would encounter difficulties in rolling their existing debt and funding new budget deficits have revived proposals for a common bond issuance by EMU countries. Could these be put into practice without creating a moral hazard issue and conflicts with the no-bail-out clause of the Maastricht Treaty? Would the establishment of a European Monetary Fund offer better prospects of overcoming the present problems?
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