The Eurogroup is asking Greece to do something unprecedented
Historical experience — not just Greece’s experience, but that of a typical advanced country — is inconsistent with the primary surplus paths that would make Greece’s current debt sustainable.
New research from Jeromin Zettelmeyer, Eike Kreplin, and Ugo Panizza suggests Schaeuble is wrong: there is no reasonable likelihood that the Greek government can continue without significant further debt relief.
Matthew C Klein, FT 13 april 2017
New research from Jeromin Zettelmeyer, Eike Kreplin, and Ugo Panizza suggests Schaeuble is wrong: there is no reasonable likelihood that the Greek government can continue without significant further debt relief.
Matthew C Klein, FT 13 april 2017
Kommentarer