The Eurozone crisis has been wrongly interpreted as either a crisis of fiscal profligacy or of
deteriorating unit-labor cost competitiveness (caused by rigid labor markets), or a …

This thesis aims to answer a simple question with far-reaching implications: why do heavily
indebted peripheral states not default on their external debts more often? Building on case …

The first semester of 2015 marked the latest episode in the Greek Euro crisis which began in
2010. The beginning of the crisis itself–Greek chronic policy failures prior to it …

Οι αγορές εμπορευμάτων, χρήματος και κεφαλαίου χαρακτηρίζονται παραδοσιακά από
υψηλό βαθμό μεταβλητότητας (volatility), που καθιστά ιδιαιτέρως δύσκολη την απόπειρα …

The paper focuses on public finance and the aspect of fiscal consolidation in Poland as
economic consequences after the financial crisis in 2008. The study assumes that there is a …

In this paper we attempt to shed light on the nexus of the self-defeating nature of fiscal
stringency with reference to certain Eurozone countries, and particularly Greece, which have …