Ep 66 ft. Deborah Zandstra
Clauses & Controversies
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Evolution of Collective Action Clauses in Euro Area Sovereign Debt
Exploring the historical background, establishment of stability mechanisms, and voting mechanisms within collective action clauses in Euro area sovereign debt to facilitate debt restructuring. Discussing the impact of Euro area CAC initiative and the development of New York model CACLA, highlighting challenges, complexities, and concerns surrounding debt restructuring processes.
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