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Credit Rating Agencies, the Sovereign Debt Crisis and Competition Law

Petit, Nicolas - 2011

This paper explores the possibility of remedial intervention against the credit rating oligopoly under the competition rules. It is divided in six parts. Following an introduction, Part II provides an overview of the credit rating industry. Part III demonstrates that there is a possible economic...

Persistent link: https://www.econbiz.de/10014178716

Causes and Consequences of the Greek Crisis

Theocharis, Yannis; van Deth, Jan W. - 2013

Economic and political developments in Greece have been at the forefront of the international mass media coverage of …, confidence in institutions, and interpersonal trust. Data show that for more than a decade, Greece has consistently ranked last …

Persistent link: https://www.econbiz.de/10014156526

IMFing with your Economic Rights : The Greek Tragedy of the Eurozone

Brady, James - 2013

While international human rights law promulgates that economic, social and cultural rights (economic rights) be supported just as fervently as civil and political rights, the reality is, they are not. The Greek debt crisis and resulting austerity measures demonstrate how a growing world economy...

Persistent link: https://www.econbiz.de/10014158606

Unemployment Dynamics in the Greek Crisis

Koutentakis, Franciscos - 2012

This short empirical paper examines the unemployment dynamics in Greece both in the long run and during the current …

Persistent link: https://www.econbiz.de/10014162379

The Economics of Sovereign Debt, Bailouts and the Eurozone Crisis

Gourinchas, Pierre-Olivier; Martin, Philippe J.; … - 2022

Cyprus, Greece, Ireland, Portugal, and Spain, ranging from roughly 0.5% (Ireland) to a whopping 43% (Greece) of2010 output …

Persistent link: https://www.econbiz.de/10014077962

Fiscal Adjustment and Debt Sustainability : Greece 2010-2016 and Beyond

Karavitis, Nicholas E. - 2022

This paper reviews the fiscal developments that led Greece from a successful convergence process and the adoption of …

Persistent link: https://www.econbiz.de/10014078158

Labour Market Adjustments and Reforms in Greece During the Crisis : Microeconomic Evidence from the Third Wave of the Wage Dynamics Survey

Kosma, Theodora; Papapetrou, Evangelia; Pavlou, Georgia; … - 2022

The recession that followed the global financial crisis and the sovereign debt crisis resulted in large falls in output and rises in unemployment across Europe. In this context, many countries implemented significant reforms of their labour market. In order to analyse the impact of labour market...

Persistent link: https://www.econbiz.de/10014078424

The road to Ithaca : the Gold Standard, the Euro and the origins of the Greek sovereign debt crisis

Dellas, Harris; Tavlas, G. S. - 2022

The origins of the Greek-sovereign debt crisis were the country’s large fiscal and external imbalances. The key factor that abetted those imbalances was the absence of a short-tomedium term adjustment mechanism -- due to perceptions of sovereign bailouts -- in the euro-area that would have...

Persistent link: https://www.econbiz.de/10014079607

The Greek Referendum on Bailouts 2015

Papadopoulou, Lina Triantafyllia - 2019

In the Greek referendum on bailouts of 2015 the only winner was populism, with democracy and the referendum itself being the big losers, proving that the end result of populist responses to what is perceived as a ‘democratic deficit’ can only be a trivialisation of democracy itself. Not only...

Persistent link: https://www.econbiz.de/10014104954

The Redenomination Risk of Exiting the Eurozone : An Estimation Based on the Greek Case

Lapavitsas, Costas - 2018

. This method is applied to Greece showing that exiting the EMU would certainly entail forbidding redenomination losses for … would actually be positive (gain). The impact on the Bank of Greece would be ambiguous depending primarily on the legal … status of TARGET2 liabilities. It is notable that even the Bank of Greece possesses a significant cushion in the form of …

Persistent link: https://www.econbiz.de/10014112396