Seixas, Luís Manuel2015-05-152015-05-152015Seixas, Luís Manuel .2015. "The Euro Monetary Fund : a proposal for sovereign-debt redemption". Instituto Superior de Economia e Gestão. DE Working papers nº 7-2015/DE2183-1815http://hdl.handle.net/10400.5/8612Debt restructuration is lately a recurring theme in the affairs of the Euro. The economic and financial crisis set for unconventional and extraordinary policies, so that the actions of major Central Banks are to become more decisive in the economic dynamics. This article focuses on a proposal for debt redemption and restructuration with central-bank money emissions. It does so by elaborating in the sense of economic treasury, and consequently of European Treasury. The modern Central Banks (CBs) practices, the present-day money circulation characteristics and the agent’s financial heuristics are therefore assessed. A quantitative plan for debt redemption and restructuration with a nexus on the finance of productive investment is also presented.engDebt-RestructurationMoney CirculationTreasuryCentral-Banksworking paper