Add to ORKGWith Greece’s problems taking a back seat with the approval of the second €130 bailout and bond-swap deal, attention has turned to Portugal – the other most troubled economy in the Eurozone. Will Portugal’s debts also prove unmanageable, requiring debt restructuring where private creditors are forced to take a big haircut, or will the €78 billion bailout Lisbon has received from the European Union and the International Monetary Fund, and domestic structural reforms, be enough to stave off a Greek-style default? This paper illustrates that Portugal’s woes are different from those of Greece, Ireland and Spain. Given the structural conditions and deep commitment to reform and political will demonstrated by the Portuguese leaders and citizens a...
The Eurozone official sector has declared that the belated restructuring of Greek bonds held by priv...
In 2009 the European Union, and in particular the euro zone, slid into a stage of economic recession...
Portugal’s adjustment program in 2010-14 under the troika was extensive and aimed at addressing its ...
With Greece’s problems taking a back seat with the approval of the second €130 bailout and bond-swap...
At least four countries in the Eurozone are in poor economic shape, and Greece has already defaulted...
While acknowledging that Portugal is far from being in the same dire straits as Greece in terms of i...
By any measure, the European Monetary Union and the European Union are in a deep hole. In the summer...
This paper describes four key drivers behind the adjustment difficulties in the periphery of the eur...
When the Greek crisis exploded in the spring of 2010 the eurozone countries collected funds to refin...
Based on the latest round of difficulties to emerge from the Greek financial assistance programme, t...
Over the past year, the Euro has plunged from a strong world currency to a currency in crisis mode. ...
The Publisher's final version can be found by following the DOI link.This note examines the impact o...
The turmoil affecting capital markets since summer 2007 and its intensification since mid-September ...
The Eurozone debt crisis is entering its third year. The original objective of the official sector’s...
Greece is in the midst of a devastating economic and financial crisis that the European Union has be...
The Eurozone official sector has declared that the belated restructuring of Greek bonds held by priv...
In 2009 the European Union, and in particular the euro zone, slid into a stage of economic recession...
Portugal’s adjustment program in 2010-14 under the troika was extensive and aimed at addressing its ...
With Greece’s problems taking a back seat with the approval of the second €130 bailout and bond-swap...
At least four countries in the Eurozone are in poor economic shape, and Greece has already defaulted...
While acknowledging that Portugal is far from being in the same dire straits as Greece in terms of i...
By any measure, the European Monetary Union and the European Union are in a deep hole. In the summer...
This paper describes four key drivers behind the adjustment difficulties in the periphery of the eur...
When the Greek crisis exploded in the spring of 2010 the eurozone countries collected funds to refin...
Based on the latest round of difficulties to emerge from the Greek financial assistance programme, t...
Over the past year, the Euro has plunged from a strong world currency to a currency in crisis mode. ...
The Publisher's final version can be found by following the DOI link.This note examines the impact o...
The turmoil affecting capital markets since summer 2007 and its intensification since mid-September ...
The Eurozone debt crisis is entering its third year. The original objective of the official sector’s...
Greece is in the midst of a devastating economic and financial crisis that the European Union has be...
The Eurozone official sector has declared that the belated restructuring of Greek bonds held by priv...
In 2009 the European Union, and in particular the euro zone, slid into a stage of economic recession...
Portugal’s adjustment program in 2010-14 under the troika was extensive and aimed at addressing its ...