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, Christopher A. Pissarides, Dimitri Vayanos, and Nikolaos Vettas -- The macroeconomics of the crisis. Greece and the Euro / George …-Marios Angeletos and Harris Dellas ; The challenge of trade adjustment in Greece / Costas Arkolakis, Aristos Doxiadis, and Manolis … competitiveness policy for Greece / Yannis Katsoulacos, Christos Genakos, and George Houpis ; Privatizations : auction and market …
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We discuss the origins of the Greek financial crisis as manifested in the growing fiscal and current-account deficits since euro-area entry in 2001. We then provide an investigation of spreads on Greek relative to German long-term government debt. Using monthly data over the period 2000 to 2010,...
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