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 https://cepr.org/voxeu/columns/assessing-debt-sustainability-euro-area
🐦🔗: https://n.respublicae.eu/lugaricano/status/1620041943404400646