First published on
03 June 2016
Discussion Paper 32

Macroeconomic Relevance of Insolvency Frameworks in a High-debt Context: An EU Perspective


A look at insolvency frameworks in the EU and their macroeconomic relevance for dealing with high levels of debt and non-performing loans.


Jean-Charles Bricongne, Maria Demertzis, Peter Pontuch and Alessandro Turrini

Information and identifiers

Discussion Papers 32. June 2016. Brussels. PDF. 56pp. Tab. Graph. Ann. Bibliogr. Free.

KC-BD-16-032-EN-N (online)
ISBN 978-92-79-54436-1 (online)
ISSN 2443-8022 (online)
doi: 10.2765/03778 (online)
JEL classification: D02, E44, F34, G33


Discussion Papers are written by the staff of the Directorate-General for Economic and Financial Affairs, or by experts working in association with them. The Papers are intended to increase awareness of the technical work being done by staff and to seek comments and suggestions for further analysis. The views expressed are the author’s alone and do not necessarily correspond to those of the European Commission.


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