Editorial Peter Hennecke, Doris Neuberger, and Dorothea Schäfer Editorial: Debt – Blessing or Curse? Sovereign Debt Gabriella Chiesa Sovereign Debt, the Blessing Aspects and the Implications for the Euro Area Thomas Lenk, Christian Bender, and Philipp Glinka The German Debt Brake Approaches for an Improvement of the Technical Design Private Debt Korkut Alp Ertürk, and Jake Jennings Debt and Financial Sentiment. Early Keynes on Balance Sheet Effects of Asset PricenChanges Giovanni Ferri, and Valerio Pesic The Spillover Effects of Prudential Regulation on Banking Competition Damon Gibbons Unsustainable Household Debt: Problems of Measurement Doris Neuberger, and Udo Reifner Systemic Usury and the European Consumer Credit Directive Authors