of the accumulation of Greece's public debt since the 1960s and the role of public debt in the recent crisis. We show … that the austerity imposed since 2010 has been unsuccessful in stabilizing the debt while at the same time taking a heavy …

The severe economic crisis affecting Greece since 2009 is having an unprecedented impact in terms of job and income … tax-benefit microsimulation model EUROMOD in order to quantify the impact of the austerity (i.e. fiscal consolidation …

Greece went into recession in 2009, after a decade of flourishing economic growth fluctuating annually around 4 percent … 2010, with a subsequent marginal reduction. The Eurozone countries and the IMF provided three rescue packages to Greece …. The first economic adjustment program was signed in May 2010 between Greece and Troika (the European Commission, The …

? Studying the EU / IMF program that was imposed on Greece in May 2010 – the original sin of the crisis – highlights both the … member states and the euro area as a whole. Rather than help Greece, the May 2010 program was designed to protect specific …

, notably Nobel Prize winner and New York Times columnist Paul Krugman, who claimed that Greece suffered from austerity. Because …This paper discusses why Greece has done so poorly in comparison with all other European Union countries since the … onslaught of the global financial crisis in 2008. To show what was wrong with its fiscal adjustment, this paper compares Greece …

officials and country leaders to adopt a contractionary fiscal policy in the midst of a recession. As a result of the austerity …. As a result of the imposed austerity, which was unnecessary and avoidable, millions of people became unemployed and … experienced poverty, loss of dignity, and humiliation and Greece was the country hit hardest. For Merkel, placing national …

The severe economic crisis affecting Greece is widely expected to have a significant social impact in terms of greater … specifically, we distinguish between two inter-related factors: on the one hand, the austerity measures taken to reduce fiscal … distributional implications of both. With respect to the austerity measures, we focus on the changes introduced in spring 2010 …