Add to ORKGCyprus suffers from a developing acute case of Balance Sheet Recession. This means that because of the excessive and quite unprecedented levels of private debt (3 to 4 times the size of the country’s GDP) weighing on households and corporations, it is practically impossible for the country to overcome the recessionary effects of the austerity conditions that were imposed since the bail-in in 2013 and which still constitute the core of the Government policy. The article concludes that therefore the government should stand ready to have in place the institutions and provide for such fiscal measures which will mitigate and cushion the deflationary effects of the coming, but very foreseeable, recession
In this paper it is argued that, in an economy with heavy loans such as Greece, structural reforms a...
The Great Recession that began in 2008 hit the economy of the European Union extremely hard. The yea...
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will conti...
Cyprus suffers from a developing acute case of Balance Sheet Recession. This means that because of t...
The author emphasizes the need to address private indebtedness as the main cause of the problem whic...
During the interwar period Cyprus faced a small deficit, yet the inflexibility of the colonial finan...
The Eurozone official sector has declared that the belated restructuring of Greek bonds held by priv...
The political and economic crisis in Europe is often viewed as an indirect consequence of the global...
The extent of the crisis the Greek economy has been experiencing has raised questions about the fund...
The Cyprus crisis is likely to generate a number of political and economic problems for the country ...
This article makes three interrelated arguments: first, the sovereign debt crisis is more complex th...
Cyprus has been locked out of international markets for more than a year now and it is only thanks t...
First paragraph: Greece’s new coalition government was elected with a mandate to write off most of t...
At least four countries in the Eurozone are in poor economic shape, and Greece has already defaulted...
This paper explains how the collapse of growth after 2008, in combination with soaring public and ex...
In this paper it is argued that, in an economy with heavy loans such as Greece, structural reforms a...
The Great Recession that began in 2008 hit the economy of the European Union extremely hard. The yea...
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will conti...
Cyprus suffers from a developing acute case of Balance Sheet Recession. This means that because of t...
The author emphasizes the need to address private indebtedness as the main cause of the problem whic...
During the interwar period Cyprus faced a small deficit, yet the inflexibility of the colonial finan...
The Eurozone official sector has declared that the belated restructuring of Greek bonds held by priv...
The political and economic crisis in Europe is often viewed as an indirect consequence of the global...
The extent of the crisis the Greek economy has been experiencing has raised questions about the fund...
The Cyprus crisis is likely to generate a number of political and economic problems for the country ...
This article makes three interrelated arguments: first, the sovereign debt crisis is more complex th...
Cyprus has been locked out of international markets for more than a year now and it is only thanks t...
First paragraph: Greece’s new coalition government was elected with a mandate to write off most of t...
At least four countries in the Eurozone are in poor economic shape, and Greece has already defaulted...
This paper explains how the collapse of growth after 2008, in combination with soaring public and ex...
In this paper it is argued that, in an economy with heavy loans such as Greece, structural reforms a...
The Great Recession that began in 2008 hit the economy of the European Union extremely hard. The yea...
Greece has reached a point where, under any plausible macroeconomic scenario, public debt will conti...