The purpose of the present paper is to examine theoretically and empirically how the maturity structure of government debt is affected by changes in its main macroeconomic determining factors. We organize our investigation around a maturity-structure model for Greece in which the optimal...

This book examines the ways by which the European Union impacts economic and political processes in its member and candidate countries. Positive Turkish and negative Greek experiences suggest that the EU functions as a powerful catalyst of political and economic change, if towards various ends.