Horn, Gustav A.; Lindner, Fabian; Niechoj, Torsten - 2011
adequate, the report gives an overview of Greece?s current economic situation and discusses policies to overcome the debt … austerity policies have not succeeded in stabilizing or reducing Greece?s debt-to-GDP ratio. A debt restructuring, however … maturities, would not take the load off Greece either. Every kind of debt restructuring would increase risk perception for all …