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Sovereign Debt Restructuring in Europe

10 Pages Posted: 21 Jul 2017  

Lee C. Buchheit

Cleary Gottlieb Steen & Hamilton LLP - New York Office

G. Mitu Gulati

Duke University School of Law

Date Written: July 18, 2017

Abstract

The Eurozone sovereign debt crisis began in the spring of 2010. Seven years on seems like an appropriate point at which to critique how the crisis has been handled and to assess whether policy changes will be required should it flare up again. In particular, there are a number of lessons to be learned from the Greek debt restructuring of 2012.

Keywords: Sovereign Debt, Europe, Holdouts

JEL Classification: F34, F33, H74, H81

Suggested Citation

Buchheit, Lee C. and Gulati, G. Mitu, Sovereign Debt Restructuring in Europe (July 18, 2017). Duke Law School Public Law & Legal Theory Series No. 2017-49. Available at SSRN: https://ssrn.com/abstract=3005039

Lee Buchheit

Cleary Gottlieb Steen & Hamilton LLP - New York Office ( email )

One Liberty Plaza
New York, NY 10006-1470
United States

Gaurang Gulati (Contact Author)

Duke University School of Law ( email )

210 Science Drive
Box 90362
Durham, NC 27708
United States

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