Fratzscher, Marcel; Große Steffen, Christoph; Rieth, Malte - In: DIW Economic Bulletin 4 (2014) 9, pp. 40-49
Greece is standing at a crossroads. The need for a third rescue package has now become a critical issue. The Greek government is calling for another de facto-public debt restructuring. An alternative option presented here would be to convert existing GLF loans into GDP-linked loans. Interest...