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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...
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The current complicated economic situation in Greece – and the rising political uncertainty that once again accompanies it – has important repercussions for growth, incomes, employment and the banking system in both the short and long term. The new Greek government is trying to perform a...
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Introduction -- The "party period" before the crisis -- The costs and benefits for joining a common currency with emphasis on weaker member-states -- Greece before the crisis : the critical years in domestic politics -- What the imf and EU bodies were reporting for greece during the accession...
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