Artikel

Problem Child Greece

In summer 2018, Greece left the EU rescue umbrella. Enormous efforts were made by the Greek state and its population to cut back its over-consumption and recurring new debt. The austerity measures were associated with numerous reforms aimed at advancing the Greek economy. Doubts that sustainable success was achieved are more than justified. The positive development of net exports, for example, was mainly at the expense of investment. This led to an enormous and uneven reduction of capital stock. With one exception, the structure of investments in capital stock is not optimal and should be readjusted according to the current available data.

Language
Englisch

Bibliographic citation
Journal: Intereconomics ; ISSN: 1613-964X ; Volume: 53 ; Year: 2018 ; Issue: 6 ; Pages: 320-325 ; Heidelberg: Springer

Classification
Wirtschaft
Subject
Debt management
Economic crisis
Greece

Event
Geistige Schöpfung
(who)
Quaas, Georg
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2018

DOI
doi:10.1007/s10272-018-0776-x
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Quaas, Georg
  • Springer

Time of origin

  • 2018

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