The European Crisis Deepens

Author
Simon Johnson, Peter Boone
Content Type
Policy Brief
Institution
Peterson Institute for International Economics
Abstract
Successive plans to restore confidence in the euro area have failed. Proposals currently on the table also seem likely to fail. The market cost of borrowing is at unsustainable levels for many banks and a significant number of governments that share the euro.
Topic
Political Economy, Regional Cooperation, Monetary Policy
Political Geography
Europe