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    • International Finance (3)
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Journal Article

The Greek Debt Restructuring: An Autopsy

01.01.2013

The Greek debt restructuring of 2012 stands out in the history of sovereign defaults. It achieved very large debt relief – over 50% of 2012 GDP – with minimal financial disruption, using a combination of new legal techniques, exceptionally large cash...

Working Paper

ECB interventions in distressed sovereign debt markets: The case of Greek bonds

02.02.2018

We study central bank interventions in times of severe distress (mid-2010), using a unique bond-level dataset of ECB purchases of Greek sovereign debt. ECB bond buying had a large impact on the price of short and medium maturity bonds, resulting in a...

Journal Article

ECB Interventions in Distressed Sovereign Debt Markets: The Case of Greek Bonds

01.06.2018

We study central bank interventions in times of severe distress (mid-2010), using a unique bond-level dataset of ECB purchases of Greek sovereign debt.

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