Interconnections between banking crises and fiscal crises have a long history. We document the long-run evolution from classic banking panics toward modern banking crises where financial guarantees are associated with crisis resolution. Recent crises feature a feedback loop between bank...

Greece's economy symbolizes in many ways the Eurozone's economic problems and divergent interests as it amasses most of the economic disadvantages characterizing the Eurozone's economy itself. This book presents the economic and political challenges to Greece and the EU member states

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...