Ashworth, Marcus, (2017), “Europe’s Bailout Misery”, Bloomberg Gadfly, 13 Μαρτίου
Europe’s tale of two rescue funds is morphing into a worrying saga. The outlook for the region’s original crisis bailout vehicle, the European Financial Stability Fund, to raise sufficient long-term funds to do its job is getting trickier. Despite last week being a pretty decent one for bond issuance, the EFSF stayed on the sidelines. Meanwhile, its more-popular sister fund, the European Stability Mechanism, easily funded in 10 years, raising 3 billion euros with an order book more than double that. It’s a far cry from the EFSF’s venture last month, which Gadfly pointed out was notable for a troubling lack of enthusiasm for its 39-year issue.
Σχετικές Αναρτήσεις
- Monokroussos, Platon, (2017), “Contrasting the views of the EU Institutions and the IMF staff on the outlook of Greek economy and the present bailout programme”, Eurobank, Φεβρουάριος
- Rocholl, Jörg, Stahmer, Axel, (2016), “Where did the Greek Bailout Money go?”, European School of Management and Technology, Δεκέμβριος