"On the 25th January 2015, the Greek people voted in an election of historic importance--not just for Greece but …. With a change in government in Greece, and looming political transformations in countries such as Spain, this major … EMU -- Dismantling the EMU -- The Greek catastrophe -- An alternative path for Greece -- A ray of hope for Greece and …

adequate, the report gives an overview of Greece?s current economic situation and discusses policies to overcome the debt … austerity policies have not succeeded in stabilizing or reducing Greece?s debt-to-GDP ratio. A debt restructuring, however … maturities, would not take the load off Greece either. Every kind of debt restructuring would increase risk perception for all …