Developing countries are now connected to global market-based finance with implications for external debt sustainability and the financing of development.
EU institutions are encouraging the development of distressed debt markets, thereby meeting banks’ needs while opening up profit opportunities.
Distressed debts – also known as ‘non-performing loans’ – have been a key issue in Europe, especially in countries hit by austerity.
Creating fiscal space to write-off household debt will bring macroeconomic renewal and end the era of debt-dependent growth
EU regulation should provide citizens a concrete possibility for a ‘second chance’ and for a fresh start from the chain of over-indebtedness.
This blog proposes solutions to help resolve ‘insolvency syndrome’ which may arise when those affected by debt experience related health issues.
Analysing the scale of excessive debt can lead to a deeper understanding of its social consequences- particularly for vulnerable people
This blog explores the ways through which gender, class and race can determine the risk of personal debt within societies.
This article introduces a blog series jointly coordinated by Finance Watch and SPERI in which researchers illuminate aspects of personal debt in Europe.
Will the covid-19 pandemic prompt the EU to take the decisive integrative steps that it failed to take in the context of the Eurozone crisis?