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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...
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The correct understanding of Greece’s debt can only be obtained by using international accrual accounting standards …. This article provides some detailed answers on the rules for measuring debt and debt relief and the application to Greece. …
Persistent link: https://www.econbiz.de/10011346645
This paper presents an analysis of the implications of Greece's intense and long-lasting fi scal and external … applicable to the entire amount of Greece's external debt would tend to be higher with a fiscal expansion than without one … growth. The implications of this finding for policy is that Greece should continue to avoid the adoption of a fi scal …
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Greece has the lowest public receipts of all the eurozone members, and this contributes significantly to the annual …
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Ten years after Greece’s accession to EMU, the venture has proved to be almost a complete failure. Obviously, the … country joined EMU disappointingly unprepared. After EMU accession, Greece failed to seek the necessary adaptations. Its …
Persistent link: https://www.econbiz.de/10010220216
In summer 2018, Greece left the EU rescue umbrella. Enormous efforts were made by the Greek state and its population to …
Persistent link: https://www.econbiz.de/10011987387
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