macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area …Against the backdrop of the Greek three-act tragedy, we present a theoretical framework for studying Greece’s recent … debt and currency crisis. The model is built on two essential blocks: first, erratic macroeconomic policymaking in Greece …

This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the … growth in Greece and discusses the role of conditionality. Finally, the important role of mid-left parties is highlighted. …

example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It … periphery countries, but surely they will drive Euro Area as a whole to stagnation and lost decades of economic growth, if not … to its disintegration. Considering the debt crisis as a problem of the PIIGS (Portugal, Ireland, Italy, Greece, Spain …

This article looks at the evolution of the Target balance of the Greek central bank. It is shown that in the first 18 … spring 2010 onwards, there has been a slowburning bank run. Greek depositors converted their deposits into cash or … to the immediate failure of Greek banks and economic standstill in Greece. In this situation, the Eurosystem has …

economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and … Latin American audiences. For those Euro-zone countries that built up large Euro-denominated external liabilities, Latin …

On 4 March 2011, SUERF – The European Money and Finance Forum and the National Bank of Poland jointly organised a …

EMU -- Greek crisis ; bail-out ; negative externality ; political economics ; game theory ; euro ; EMU …

. -- Greek crisis ; bail-out ; negative externality ; political economics ; game theory ; euro ; EMU …

of the accumulation of Greece's public debt since the 1960s and the role of public debt in the recent crisis. We show … structural imbalances of the eurozone is of vital importance. …