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Erscheinungstag: 8. Dezember 2018
Interviewer: Werner Mussler
FAZ: Herr Regling, sind Sie der neue Chef des Europäischen Währungsfonds?
Interview with Klaus Regling, ESM Managing Director
Published in Frankfurter Allgemeine Zeitung (Germany)
8 December 2018
Interviewer: Werner Mussler
Original language: German
FAZ: Mister Regling, are you the boss of the European Monetary Fund?
Press conference after Eurogroup meeting, 4 December 2018
This paper studies the pricing implications of Collective Action Clauses in euro area sovereign bonds and finds that the yield effects are heterogeneous across economies and over time.
Authors: Mattia Osvaldo Picarelli, Aitor Erce, Xu Jiang (all ESM)
Abstract:
Staff from the European Commission, in liaison with staff from the European Central Bank1, visited Lisbon from 27 to 30 November 2018 for the ninth post-programme mission to Portugal. The mission was coordinated with an International Monetary Fund post-program monitoring visit. Staff from the European Stability Mechanism participated in the meetings in the context of its Early Warning System.