Der Bundestag hat dem zweiten Rettungspaket für Griechenland am 27. Februar 2012 zugestimmt. Dabei wurde viel Kritik …. Außerdem wurden Stimmen lauter, die einen Austritt Griechenlands aus der Eurozone forderten. Der Autor prüft diese Einwände aus …

to its disintegration. Considering the debt crisis as a problem of the PIIGS (Portugal, Ireland, Italy, Greece, Spain …

The eurozone debt crisis has now reached a turning point. This Policy Brief argues for a more organised intervention by … political agreement among member states for a more federalist budget for the eurozone.The paper examines the roots of this … the ECB, which has lain dormant during the eurozone crisis, is also highlighted as a pre-condition for a broader political …

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 …

The eurozone, composed of 17 countries which have adopted the euro as their currency, has been struggling with an …, both too big to bail out, along with Greece, Ireland and Portugal. Major contributing factors are the sizes of net ….Underlying structural factors associated with peripheral eurozone countries – overspending, imports exceeding exports, higher real labor …

monetary taps, bailout taps, austerity taps and devaluation taps. I propose a simple model of government bond markets with …