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Economic growth in a time of even higher public debt in the European Union countriesin the years of 2001–2015

References Ahlborn M., Schweickert R., Public Debt and Economic Growth – Economic Systems Matter , “CEGE Discussion Paper”, No 281, March 2016. Baldacci E., Gupta S., Mati A., Is it (Still) Mostly Fiscal? Determinants of Sovereign Spreads in Emerging Markets , “IMF Working Paper”, No. 259, November 2008. Bernoth K., von Hagen J., Schuknecht L., Sovereign risk premia in the European government bond market , “ECB Working Paper”, No. 369, 2004. Bernoth K., Wolff G.B., Fool the markets? Creative accounting, fiscal transparency and

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