Five Policy Prescriptions for Europe


A White Paper by Loomis Sayles Posted on 1 November 2011

Click on the link for a White Paper authored by Tom Fahey, Senior Global Macro Strategist of Loomis Sayles. Entitled ‘Five Policy Prescriptions for Europe’, the paper looks into the viability of the various policy responses to the European debt crisis:

·         Fiscal austerity

·         Expansion of the ECB’s balance sheet

·         Fiscal union

·         Restructure or default on sovereign debt

·         Exit from Eurozone.

 

  

 

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