Is it time for European debt restructuring?

Economist
January 13-17, 2011

Laurence Kotlikoff (Jan. 13)
Countries should analyse carefully and weigh whether it's worth fighting the panic

Viral Acharya (Jan. 13)
Debt restructuring should be paired with bank recapitalisation

Michael Pettis (Jan. 14)
Europe should reduce its debt burden as quickly as possible

Gilles Saint-Paul (Jan. 14)
It is still time to emphasise fiscal consolidation

Michael Heise (Jan. 14)
Rushing into restructuring would be a big mistake

Hyun Shin (Jan. 15)
Fix the banking system, and the sovereign debt crisis will fix itself

Harold James (Jan 15)
There's a strong moral and political case against restructuring

Paul Seabright (Jan 15)
Stop pretending default isn't necessary, start preparing for it

Michael Bordo (Jan. 17)
Limited benefits to default without a tighter fiscal union

John Makin (Jan. 17)
Restructuring is necessary to address a solvency crisis

More

See also