consolidation and explains why austerity is so fiercely advocated by both core and periphery governments. The main reasons for the … governments, in cooperation with the European Commission, the ECB and the IMF, based on further austerity and wage cuts aggravate … to its disintegration. Considering the debt crisis as a problem of the PIIGS (Portugal, Ireland, Italy, Greece, Spain …

, 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 …

Drawing on an analysis of austerity reforms in Greece and Portugal during the sovereign debt crisis from 2009 onwards … depends on their ability to control state budgets to reward clients. In Greece, where parties relied extensively on these … clientelistic linkages, austerity reforms have been characterised by recurring conflicts and disagreements between the main parties …

, 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 …

This paper reviews the fiscal developments that led Greece from a successful convergence process and the adoption of …

this paper, we explore the concept of the income multiplier in a multi-regional input-output setting, in the context of the … Greek recession, showing empirical evidence for the increasing magnitude of the multiplier during the recession period. The … may bring about important implications for regional inequality in Greece. …