Bouvet, Florence; Brady, Ryan; King, Sharmila - In: Social Sciences 2 (2013) 4, pp. 318-340
The European sovereign-debt crisis began in Greece when the government announced in December, 2009, that its debt reached 121% of GDP (or 300 billion euros) and its 2009 budget deficit was 12.7% of GDP, four times the level allowed by the Maastricht Treaty. The Greek crisis soon spread to other...
