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Immer wieder wird behauptet, dass in Griechenland seit Ausbruch der Staatsschuldenkrise nur wenige … Strukturverbesserungen umgesetzt werden konnten. Dies gilt aber nicht für alle Bereiche, denn zu den wichtigsten Massnahmen in Griechenland … Bruttoinlandsprodukts. 2016 hat Griechenland dagegen einen Haushaltsüberschuss von 0,7 Prozent erwirtschaftet, ähnlich wie Deutschland. Das …
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The Greek economic crisis has imperilled the stability of the eurozone, generating much global anxiety. Policymakers, analysts, and the media have daily debated the course of the Greek economy, prescribing ways to move forward. This collection of essays progressively moves from an analysis of...
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Eurozone authoritarianism and the neoliberal project in Greece and Southern Europe / Kees Van Der Pijl -- Sovereign debt or balance of payments crisis? Exploring the structural logic of adjustment in the Eurozone / Matthias Kaelberer -- Greece and the crisis of the Eurozone : a structural...
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There are two possible responses to the Greek debt crisis: 'Plan A', continued official lending, for as long as needed, with possible voluntary private sector involvement, and 'Plan B', coercive pre-emptive or post-default restructuring with significant face value reduction. Both options have...
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Stress in the interbank market has increased dramatically since July and bank stock market valuation has fallen by 22 percent on average for 60 of the most important banks tested in the EBA stress tests. I find evidence that bank stock valuation is significantly and economically meaningfully...
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