Euro on a knife edge -- are the Greeks to blame for it?

Nichols, Dick
September 2011
Green Left Weekly;9/12/2011, Issue 896, p19
The article reports on the European crisis that is being blamed to galloping public debt crisis of Greece. It notes that Germans questioned the involvement of hardworking taxpayers of the eurozone core economies like Germany in funding billion-euro rescue packages for Greece. Moreover, lack of a common, shared mechanism to issue European debt exposed doubts and speculations in the government debt market and Greek exit from the eurozone would impact the European banking system.


Related Articles

  • La Grande Crisi e i suoi effetti sull'Europa. CARLUCCI, FRANCESCO // Rivista di Studi Politici Internazionali;2011, Vol. 78 Issue 4, p489 

    We analyze the financial crisis that hit the world over the last years and we show its effects on the economies of European countries. First, we expose how the crisis began and why; we show the dominant themes and the concatenation of causes that have produced the crisis in the United States and...

  • The Russian financial panic and the IMF. Ellman, Michael; Scharrenborg, Robert // Problems of Post-Communism;Sep/Oct98, Vol. 45 Issue 5, p17 

    Focuses on issues associated with Russia's current financial crisis. Russia's deficit financing and public debt; Relationship of the government with banks; Consequences of the financial crisis; Proposed solutions to the financial crisis; Russia's agreements with the International Monetary Fund.

  • Avoiding Banking Crises in Latin America. Carstens, Agustín G.; Hardy, Daniel C.; Pazarbaşio&gcaron;lu, Ceyla // Finance & Development;Sep2004, Vol. 41 Issue 3, p30 

    Reports on the prevalence of a banking crisis in Latin America. Ways to minimize the costs of financial crisis; Importance of establishing price stability; Ratio of public debt to gross domestic product.

  • A free market bailout alternative? Bagus, Philipp; Julián, Juan; Neira, Miguel // European Journal of Law & Economics;Jun2014, Vol. 37 Issue 3, p405 

    It has been more than 3 years since the collapse of the investment bank Lehman Brothers and the beginning of the Troubled Asset Relief Program. Most recently, the sovereign debt crisis in Europe has led to the bailout of the governments of Ireland, Portugal and Greece. A main reason behind these...

  • Modern Monetary Theory, Inflation and the Banking Industry. DUBAY, CURTIS // ABA Banking Journal;Jul/Aug2019, Vol. 111 Issue 4, p56 

    No abstract available.

  • Banken unter Druck: Gibt es Auswege aus der neuen Bankenkrise? Paul, Stephan; Farruggio, Christian; Schick, Gerhard; Weder, Jan; Zimmermann, Jochen; Hau, Harald; Lucke, Bernd // ifo Schnelldienst;11/24/2011, Vol. 64 Issue 22, p3 

    No abstract available.

  • Las crisis bancarias en pa�ses emergentes: Caso Latinoam�rica. Carriello, Bernardo Bernardi // Pensamiento & Gesti�n;2006, Issue 21, p162 

    In the ninety's decade diverse tension and financial crisis episodes have been observed to the long and wide of the world. In these episodes they have been involved the financial domestic systems so much, as the foreign currency market and of internal and external debt. The bank crises have been...

  • Solving the Eurozone Crisis. Ryan, John // World Politics Review (19446284);1/13/2012, p2 

    The article offers ways to end the sovereign debt crisis in Europe. The author emphasizes the need to restructure the debt and recapitalize banks in Germany, France, and Great Britain that predominantly hold the debt and stresses that the key barrier in solving the crisis is the possible...

  • WHAT CAN WE LEARN FROM THE CRISIS? GETTING BACK TO BASICS IN A STRANGE LAND. Hudson, John // Studies of Socio-Economics & Humanities / Socioekonomické a Hum;2012, Vol. 2 Issue 1, p52 

    The economic crisis has moved to stage two, the sovereign debt stage focused on the Euro. It is unlikely to be the last stage, but its resolution will fundamentally change the map of Europe, with a much tighter fi scal and political union amongst what will probably initially be smaller than the...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics