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Transcript of remarks by ESM Managing Director Klaus Regling
Press conference after Eurogroup meeting
Brussels, 14 March 2022
Press conference after Eurogroup meeting
Brussels, 14 March 2022
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Title: A journey in the history of sovereign defaults on domestic-law public debt
Download PDF: Working Paper 51This paper uses a novel database to provide a unique overview of the last four decades of sovereign debt restructuring of public debt governed by local law.
'The Resilient Society'
Summary of the book: People in a resilient society are able to bounce back from shocks, such as pandemics and economic crises. The Resilient Society, by Princeton University economist Markus Brunnermeier, describes how individuals, institutions, and nations can successfully navigate a dynamic, globalized economy filled with unknown risks. Lacking resilience, societies, families, and individuals can reach tipping points from which they cannot recover.