Hamit Can, Mariya Paskaleva


The aim of the this study is to analyze the impact of the macroeconomic sphere on the dynamics of European sovereign swaps in following period 2003-2016 for seven European countries (Bugaria, Romania, Portugal, Italy, Ireland, Greece and Spain). Eurozone membership is a variable that has a significant impact on the spreads of debt swaps.


Credit Default Swaps, Macroeconomic determinants, OLS regression

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