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Greek’s government debt based on Greece meeting certain targets for structural economic reforms in areas such as its labor … market and pensions sector.The authors argue that the position of the European institutions that debt relief for Greece … cannot be part of an agreement is based on the illusion that Greece will be able to service its sovereign debt and reduce its …
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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 … clientelistic linkages, austerity reforms have been characterised by recurring conflicts and disagreements between the main parties …
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This paper dwells on the Eurozone woes and addresses the origins of the transition from a fictitious boom to a painful … the future of the Eurozone that will halt the tearing of the social fabric of its member states. …
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This paper analyses the EU's response to the Eurozone sovereign debt crisis. It examines the background to the crisis … inside and outside the Eurozone. Consequently, the paper concludes that these fault lines will characterize the future of …
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