, regulatory and supervisory framework governing banking stability in Greece in the era of the European Banking Union and its …

The sovereign debt crisis in Greece represents a very interesting case in which the Greek government succeeded in … pitfalls of the €110 billion EU/IMF rescue package granted to Greece are examined. It is argued that the government’s focus on …

Debt Overhang is a controversial issue in the eurozone countries and is considered as one of the factors which created … the current economic crisis. How to deal with sovereign debt has been debated both at the theoretical and policy making … level. This paper looks at the Greek debt and four options are discussed: (a) unilateral default (b) unilaterally imposed …

In Greece and other countries of the eurozone there are a number of misconceptions about the debt crisis. I argue …

depends on desired savings and sustainable indebtedness. This savings-debt constraint means that any policy that inhibits debt … it is possible to create jobs without creating new debt underscores a serious conceptual fault and a delusion that the … savings-debt constraint to spending can be ignored. As long as policy-makers defy the savings-debt constraint the euro area …

undermined from its beginning and only had a limited disciplining effect henceforth. Otherwise the breakout of the ongoing debt …

government debt level and the general investors' risk aversion had a significant impact on interest differentials. In the …