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. Under realistic conditions, a debt conversion may be the less costly strategy for Greece and the euro area partner states. A …
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realistic conditions, a debt conversion may be the less costly strategy for Greece and the euro area partner states. A value … conversion ; Greece …
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. Under realistic conditions, a debt conversion may be the less costly strategy for Greece and the euro area partner states. A … crisis ; debt conversation ; Greece …
Persistent link: https://www.econbiz.de/10009487896
We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …
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The Greek government budget situation plays a central role in the debt crisis in the euro area. Strong consolidation measures need to be implemented, with potential adverse effects on the Greek economy and further credit requirements. Debt conversion might therefore become a reasonable...
Persistent link: https://www.econbiz.de/10009711076
exports is estimated based on the period from 1995Q1 to 2014Q4. Looking at some of the main export partners of Greece, the …
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