The European Community is now starting the final run-up towards the completion of the single internal market by the end of 1992 and member countries are currently involved in consultations at inter-governmental conferences on the creation of economic and monetary union, and on political union....

The correct understanding of Greece’s debt can only be obtained by using international accrual accounting standards rather than the cash-basis future face value definition. Changing the terms of debt changes the value of the debt in Greek governmental financial statements correctly prepared...

In summer 2018, Greece left the EU rescue umbrella. Enormous efforts were made by the Greek state and its population to cut back its over-consumption and recurring new debt. The austerity measures were associated with numerous reforms aimed at advancing the Greek economy. Doubts that sustainable...

At the time of the southward enlargement of the European Community there were many who doubted whether the new member countries would be able to cope with the strains of accession. It is now a good six years since Greece joined the EC, and the costs and benefits of membership from the viewpoint...

The date of entry of Spain and Portugal into the European Community is drawing ever nearer. What are the likely economic consequences of the integration into the EC of these Southern European countries, whose level of development is quite different from that of the other members? The experience...