Two centuries of Greek debt crises highlight the pitfalls of relying on external financing. Since its independence in 1829, the Greek government has defaulted four times on its external creditors - with striking historical parallels. Each crisis is preceded by a period of heavy borrowing from...

This policy brief provides a discussion of the relationships between austerity, Greece's macroeconomic performance, debt sustainability, and the provision of healthcare and other social services over the last decade. It explains that austerity was imposed in the name of debt sustainability....

This report looks at the need for Greece to redesign its inter-island transport system to make it more operational and sustainable. It takes into account the challenges of designing networks for island ecosystems and island clusters, which present even greater difficulties. Specifically, it...

Griechenlands Wirtschaft ist auf dem Weg der Stabilisierung. Trotz Rückschlägen durch die Corona-Pandemie gibt es positive Anzeichen, welche auch auf die strukturellen Reformen der letzten Jahre zurückgehen. Der griechische Aufbauplan kann unterstützend wirken. Jedoch bleiben Risiken und...

Migration and Labour Mobility The willingness to migrate in search of employment is in itself insufficient to compel anyone to move. The dynamics of labour mobility are heavily influenced by the opportunities perceived and the imaginaries held by both employers and regulating authorities in...

Die vorliegende Studie der Stiftung Marktwirtschaft wirft einen ungeschminkten Blick auf die Nachhaltigkeit der öffentlichen Finanzen in den zwölf Gründungsstaaten der Eurozone (EURO12-Staaten). Sie ermittelt die tatsächliche Staatsverschuldung der Länder. Das daraus resultierende Ranking,...