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Are EU countries' debts sustainable?

Collard, Habib, Panizza and Rochet use a framework where default is sometimes inevitable and find
- With high recovery (80%): only ITA and GR not sustainable
- With low (30%): also IRL, SPA, POR not sustainable cepr.org/voxeu/columns/assessi

🐦🔗: n.respublicae.eu/lugaricano/st

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