stabilize its economy and repay debt obligations. This article explains the debt process in Greece from the 1980s to date, and … faced unprecedented financial problems. Greece was the most severe case requiring intervention from the EU and IMF to … the prospects of debt stabilization. An alternative scenario is discussed showing that stabilization can become more …

imprecision about which debt targets should be pursued. It then examines the evidence regarding the exogenous and policy …

, led to the escalation of Greek debt, while the government's delay in responding to the crisis increased the cost of … borrowing and necessitated the bail-out agreement with the IMF and the European Union. One year later, Greece is struggling to … harness fiscal deficits amidst a deep recession and rising social tension. Debt sustainability has not yet been ensured and …

The article examines the timetable of the introduction and the sudden abandoning of program budgeting in Greece. The …

debt was derailed by the global crisis. Restoring the strategy is a priority, especially as spreads on Belgian debt have …

imprecision about which debt targets should be pursued. It then examines the evidence regarding the exogenous and policy …