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Europe2020

We can't go on like this : Greek debt crisis and the euro

 
As the drama unfolds and the plot thickens, new actors join the stage and the tension rises. Purgation, or catharsis, releases emotions at the final stage of Greek tragedies. We may soon find out what form this will take in the real life drama the Greek economy is going through today, with or without the intervention of a deus ex machina. Deficits, debt and credibility It all began more than four months ago when the newly elected Socialist government in Greece announced a budget deficit of ... Analyses / important, Euro

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