Debt Sustainability in Europe: An Analysis of Challenges and Policy Implications
Author : Authors : Dimitra Mitsi Journa Name: International Journal of Science and Management Studies (IJSMS) Country : India Volume: 7 issue: 2 Year: 2024 Views : 203Abstract:
This paper provides a comprehensive analysis of debt sustainability in Europe, offering insights into the challenges faced by European countries and proposing policy implications for achieving and maintaining fiscal stability. The European continent has encountered significant economic and financial challenges in recent years, necessitating a closer examination of public debt levels. The paper evaluates the factors influencing debt sustainability, assesses the current state of debt in Europe, and puts forward policy recommendations to address these challenges in the pursuit of long-term fiscal responsibility.