Arghyrou, Michael G.; Tsoukalas, John D. - 2010
Greek government bonds. We argue that the crisis itself and its escalating nature are very likely to be the result of: (a …We use insights from the literature on currency crises to offer an analytical treatment of the crisis in the market for … fiscal guarantees, respectively occurring in November 2009 and February/March 2010. We argue that the risk of contagion to …