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2016-09-22 | IMFS in the Media

For Volker Wieland the unresolved crisis in the euro area remains the biggest problem ("Börsen-Zeitung")

As Wieland said, countries like Spain and Ireland had shown that structural reforms are the fastest way out of a crisis. In his opinion, additional reform of euro area governance is necessary. The abolition of the privilege of government bonds regarding the capital requirements for banks and the creation of a sovereign insolvency mechanism would help break the dangerous sovereign-bank nexus, as the "Börsen-Zeitung" reported.

Börsen-Zeitung: "Für eine Ordnungspolitik mit einfachen Regeln"