Can Greece ‘grow solvent’?
Can Greece ‘grow solvent’?
Author(s): Daniel Gros, Mikkel Barslund, Thomas Barnebeck Andersen
Subject(s): Labor relations, Economic policy, EU-Accession / EU-DEvelopment, Fiscal Politics / Budgeting
Published by: CEPS Centre for European Policy Studies
Keywords: EU; Greece; euro-zone; solvency; debt reduction; European Council; labor relations;
Summary/Abstract: The first act of the euro-zone debt drama was about whether any European Union member country could ever become insolvent. It ended when the highest EU authority, the European Council, officially recognized in late July that Greece does need a reduction in its debt obligations.
Series: CEPS Commentary
- Page Count: 3
- Publication Year: 2011
- Language: English
- Content File-PDF
