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Greece has reached a point where, under any plausible macroeconomic scenario, public debt will continue growing faster … solvency and closing the competitiveness gap. Yet we think Greece stands a better chance of accomplishing these goals from …
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Der Bundestag hat dem zweiten Rettungspaket für Griechenland am 27. Februar 2012 zugestimmt. Dabei wurde viel Kritik …
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The Eurozone faces a fourfold challenge: (1) fiscal support: to provide a credible mechanism for supporting countries with high and rapidly rising national debt and high borrowing costs; (2) fiscal responsibility: to ensure that all member states of the Eurozone credibly commit to sustainable...
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No. The infamous bailout loans granted by Europe and the IMF to Greece since 2010 did not create austerity in the … country. We use official statistics to show that government spending and deficits did generally not go down in the bailout … period versus other previous periods in “modern” Greece (using data as far back as 1980, just as it was ready to join the …
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Hudsons Prognosen erregen weltweit Aufmerksamkeit: als Erster und Einziger hat er den genauen Zeitpunkt vorausgesagt, an dem die fatale Immobilienblase platzen sollte. Eindringlich analysiert er, wie die internationale Finanzwelt die Errungenschaften der klassischen Ökonomie verspielt. An...
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