Debt Restructuring, Sovereign Default and Euro Zone Exit
1. Auflage 2014,
456 Seiten, Gebunden, Format (B × H): 156 mm x 234 mm, Gewicht: 812 g
Verlag: Wolters Kluwer
Petch Legal Implications of the Euro Zone CrisisThe supranational character of the euro as a currency without a state has gone from being one of its most attractive characteristics to the currencyèˆ—s Achillesèˆ— heel. For both economic and political reasons, the euro zone has become fragile and susceptible to multiple risks, the materialization of any one of which could trigger a chain of events possibly leading to sovereign default or exit from the euro. Troublingly, there is little indication that the official funding mechanisms established to avert sovereign default by the European Union and the International Monetary Fund will allow a return to sustainable growth within a preserved euro zone.
Weitere Infos & Material
Preface. C. Saul.
Table of Cases.
Table of Legislation.
Chapter 1. The Origins of the Crisis.
Chapter 2. The EFSM, EFSF, and ESM.
Chapter 3. The Role of the European Central Bank and Banking Union.
Chapter 4. Legal Implications of Member State Default.
Chapter 5. Euro Zone Exit and Redenomination of Obligations.
Chapter 6 . The Role of the Lex Monetae.
Chapter 7. Capital and Exchange Controls.
Chapter 8. Sovereign Default and State Liability under Investment Treaties.
Chapter 9. Conclusion.