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The European debt crisisThe Greek case$
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Costas Simitis

Print publication date: 2014

Print ISBN-13: 9780719095795

Published to Manchester Scholarship Online: September 2014

DOI: 10.7228/manchester/9780719095795.001.0001

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Ineffective solutions

Ineffective solutions

Chapter:
(p.34) 5 Ineffective solutions
Source:
The European debt crisis
Author(s):

Costas Simitis

Publisher:
Manchester University Press
DOI:10.7228/manchester/9780719095795.003.0005

This chapter discusses the strategy of the Greek government in its efforts to avert an escalating economic crisis during the first months of 2009. It is argued that the message sent by Athens over the nature of its economic troubles was unclear. So was its preference over who should lead a potential rescue of the Greek economy, with both the EU and IMF receiving conflicting signals from Athens.

Keywords:   Greece, Eurozone, IMF, European Council, Debt, Economic policy

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