Peterson Perspectives

Is the European Market Turmoil Self-Inflicted?

Nicolas Véron assesses the charge that Europe's plan to make bondholders pay in future bailouts has itself produced turmoil in European markets.
Featuring Nicolas Véron (PIIE)
November 15, 2010
Related Topics: 
European UnionBankingCapital MarketsFinancial Crises

Related Interviews

Peterson Perspectives

Were European Bank Stress Tests a Whitewash?

Featuring Morris Goldstein (PIIE)
October 29, 2014
Peterson Perspectives

European Fumble in Cyprus?

Featuring Edwin M. Truman (PIIE)
March 19, 2013
Peterson Perspectives

Risky Repercussions from Cyprus: Another View

Featuring Jacob Funk Kirkegaard (PIIE)
March 13, 2013
Peterson Perspectives

Risky Repercussions from Cyprus

Featuring Nicolas Véron (PIIE)
March 12, 2013

Related Publications

Policy Brief

Will It Be Brussels, Berlin, or Financial Markets that Check Moral Hazard in Europe's Bailout Union? Most Likely the Latter!

Jacob Funk Kirkegaard (PIIE)
October 2010
Working Paper

Creating a Euro Area Safe Asset without Mutualizing Risk (Much)

Álvaro Leandro (PIIE) and Jeromin Zettelmeyer (PIIE)

August 2019
Working Paper

The Search for a Euro Area Safe Asset

Álvaro Leandro (PIIE) and Jeromin Zettelmeyer (PIIE)

March 2018
Policy Brief

Management and Resolution of Banking Crises: Lessons from Recent European Experience

Patrick Honohan (PIIE)

January 2017