Nikiforos, Michalis; Papadimitriou, Dimitri B.; Zezza, … - Levy Economics Institute - 2015
structural imbalances in the eurozone is also of vital importance. …The Greek economic crisis started as a public debt crisis five years ago. However, despite austerity and a bold … "haircut," public debt is now around 175 percent of Greek GDP. In this policy note, we argue that Greece's public debt is …