Greece in the Euro

Greece in the Euro

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Greece banked on EMU. Entry into the eurozone was its ticket to macroeconomic stability, its modernisation jacket and its gateway to global markets. So how did such a promising start turn to dust so quickly? Was Greece the delinquent eurozone member whose fiscal downfall nearly brought down some of the world's strongest economies? Or was it the first victim of the euroa€™s system failure? An original approach to understanding how national institutions affect economic performance, diluting and disrupting single currency pressures for convergence and adjustment.In fact, as growth is forecast to contract by 0.4 per cent in the euro area in 2013, budget consolidation seems to be ... how exactly does the electoral process affect a new governmenta#39;s economic programme?72 Over time, the debt crisis hasanbsp;...

Title:Greece in the Euro
Author:Eleni Panagiotarea
Publisher:ECPR Press - 2013-07-30


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