I consider that there is little hope that European Commission will be able to resume its Excessive Deficit Mechanism process in 2022 without causing massive damage to already damaged economies. But I have no doubt […]
Over 30 years ago, Kunibert Raffer (University of Vienna) was first to propose a fair and transparent arbitration process between debtors and creditors for resolving sovereign insolvency, by analogy with Chapter 9 US Bankruptcy Code […]
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