The Correlation between the Risk of Default and Solvency of Member States of the Monetary Union
The debt crisis in the European Monetary Union, emphasized the importance of keeping a responsible fiscal policy, especially in the context of issues of public debt sustainability and solvency of the member countries. Common rules for control of the public debt was introduced in the EU provide for...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University of Banja Luka, Faculty of Economics
2015-07-01
|
| Series: | Acta Economica |
| Online Access: | http://ae.ef.unibl.org/index.php/AE/article/view/52 |