Resolving the European Debt Crisis

Resolving the European Debt Crisis

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Papers presented at a conference held at a conference center near Paris, on Sept. 13-14, 2011.Table 4.1 General government gross debt, 2007a€“10 (percent of GDP) Country/ group 2007 2008 2009 2010 Percent change Euro area ... Additionally, the Greek governmenta#39;s admission that national statistics had for years been unreliable had a devastating political effect. ... restricted to the euro area peripheral countries.2 The second reason had to do with diverging postrecession economic performance.

Title:Resolving the European Debt Crisis
Author:William R. Cline, Guntram Wolff
Publisher:Peterson Institute - 2012


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