This site is for archive purposes. Please visit www.eliamep.gr for latest updates
Go to Top

The new European Union

Wyplosz, Charles, (2015), “The new European Union“, Voxeu, 14 Ιουλίου

The new bailout deal for Greece was not easy. This column argues that it was also a failure. It will not be enough to recapitalise banks, it asks for structural reform that exceeds Greek capacities, and it raises the Greek debt-to-GDP ratio to unsustainable levels. In a few months or quarters, the programme will fail and the Grexit question will flare up again.

Σχετικές Αναρτήσεις