States like Greece, Portugal, Ireland , Spain and Italy The advanced state debt are nothing more than a symptom of a lack of …

wages only will not solve the euro crisis. Only in the case of Greece, Europe’s biggest 'problem child', would a general … wage cut lead to improved competitiveness – regardless of the pain such a reform would cause. This is because Greece …

had on how Greece is viewed ‘from the outside’. The findings point to the generation and consolidation of very negative … attitudes towards Greece. During the 14-month period of examination, Greece evolves from an ‘object of critique’ to a ‘negative … reference point’. In some sense, Greece is (re)constructed in the international press as the (corrupted) other of the (rational …

Three sovereign defaults in the past decade have each inflicted losses of at least 70% on bondholders: Argentina …, Ecuador, and now Greece. In each case, creditor rights and the rule of law were trampled, setting troubling precedents that … are worrying investors involved in vulnerable European countries. In Argentina (in default since 2002), numerous arbitrary …