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This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the … growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted. …
Persistent link: https://www.econbiz.de/10011308548
In light of the failed negotiations with Greece, Jan Krahnen argues that an effective reform agenda for Greece can only … will, in the meantime, have to offer Greece a basic level of economic security. Krahnen demands that policy makers and the …Mit Blick auf die gescheiterten Verhandlungen mit Griechenland, argumentiert Jan Krahnen im vorliegenden Policy Beitrag …
Persistent link: https://www.econbiz.de/10011290032
This paper argues that the Eurozone crisis stems from a risk management failure in the Eurosystem's design, and that applying insurance theory is useful. We model risk neutral agents choosing portfolios of government bonds of n countries in a monetary union and other assets. We firstly analyse a...
Persistent link: https://www.econbiz.de/10010533082
of the accumulation of Greece's public debt since the 1960s and the role of public debt in the recent crisis. We show …
Persistent link: https://www.econbiz.de/10011481630
This article narrates Ireland’s recent odyssey from the pride and envy of Europe to kneeling supplicant through the eyes of an econometric model of the government bond market. The exercise suggests that, in essence, two developments triggered and propelled Ireland’s drift towards sovereign...
Persistent link: https://www.econbiz.de/10010228470
The present article examines the coverage of the European actors in the Greek national debt crisis in the German daily newspapers “Die Welt”, “Bild”, “Frankfurter Allgemeine Zeitung”, “Süddeutsche Zeitung” and “Die Tageszeitung”, as well as on the online platform “Spiegel...
Persistent link: https://www.econbiz.de/10011441215
The present study examines news reporting during the Greek national debt crisis in the German television news programmes "Tagesschau" and "heute" and in the special broadcasts "Brennpunkt" on ARD and "ZDF spezial" on ZDF. The aim is to capture the extent to which the national German media are...
Persistent link: https://www.econbiz.de/10011521380
Persistent link: https://www.econbiz.de/10011375946
Persistent link: https://www.econbiz.de/10010532776
Greek’s government debt based on Greece meeting certain targets for structural economic reforms in areas such as its labor … market and pensions sector.The authors argue that the position of the European institutions that debt relief for Greece … cannot be part of an agreement is based on the illusion that Greece will be able to service its sovereign debt and reduce its …
Persistent link: https://www.econbiz.de/10011290031