High private sector debt threatens euro-area recovery
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In this article
- Equilibrium debt
- Debt vulnerabilities
- Corporate sector deleveraging
- Ireland: a case apart
- Downward adjustment in housing boom countries
- Improved external competitiveness
- Lower labour costs
- Insufficient resource reallocation
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_350.jpg "Newly minted one euro coins with the portrait of Belgian King Philippe are seen (Reuters/Francois Lenoir)")