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This paper asks whether rating agencies played a passive role or were an active driving force during Europe's sovereign debt crisis. We address this by estimating relationships between sovereign debt ratings and macroeconomic and structural variables. We then use these equ-ations to decompose...
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Introduction : is Greece a modern European country? / Anna Triandafyllidou, Ruby Gropas, Hara Kouki -- International … bubbles, currency union and national failures : the case of Greece and the euro / Loukas Tsoukalis -- We are all Greeks now …! the crisis in Greece in its European and global context / Yanis Varoufakis -- On the Jacobin dimension of Greek …
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