Daily Archives: October 7, 2011

Greece’s Debt Crisis: Overview, Policy Responses, and Implications – Report to Congress – August 18, 2011

 

 

Congressional Research Service

Greece’s Debt Crisis: Overview, Policy
Responses, and Implications

by

Rebecca M. Nelson, Coordinator
Analyst in International Trade and Finance
Paul Belkin
Analyst in European Affairs
Derek E. Mix
Analyst in European Affairs
August 18, 2011

http://www.fas.org/sgp/crs/row/R41167.pdf

 

ΑΔΕΔΥ: Άνοιξαν οι “πύλες της Κόλασης” για το Δημόσιο | Eλλάδα | Ελευθεροτυπία

“Τα εργασιακά και συνταξιοδοτικά δικαιώματα των εργαζομένων καρατομούνται, οι Δημόσιες Υπηρεσίες διαλύονται, το Κοινωνικό Κράτος απειλείται με δραματική συρρίκνωση και η χώρα μετατρέπεται σε τριτοκοσμική. Η ασκούμενη κυβερνητική πολιτική γίνεται κάθε μέρα πιο βάρβαρη για τους εργαζόμενους και την Κοινωνία. Η ανατροπή αυτής της μνημονιακής κυβερνητικής πολιτικής, αλλά και όλων όσων την στηρίζουν, αποτελεί πλέον μονόδρομο”, προσθέτει.

via ΑΔΕΔΥ: Άνοιξαν οι “πύλες της Κόλασης” για το Δημόσιο | Eλλάδα | Ελευθεροτυπία.

List of countries by external debt – Wikipedia, the free encyclopedia

List of countries by external debt – Wikipedia, the free encyclopedia.

Across the zone: Member states’ finances dissected – FT.com

Across the zone: Member states’ finances dissected – FT.com.

Barclay’s Capital estimated Top 40 holders of Greek government bonds & Greek debt – Stock Market Analysis:London-New York-Tokyo-Shanghai

Barclay’s Capital estimated Top 40 holders of Greek government bonds & Greek debt – Stock Market Analysis:London-New York-Tokyo-Shanghai.

Euro exit strategy crucial for Greeks | Costas Lapavitsas | Comment is free | The Guardian

The response of the troika reveals systemic failure at the heart of the eurozone. Greece will receive another large loan but must impose further austerity, including wage and pension cuts, perhaps 150,000 lost jobs in the civil service, more taxes, and sweeping privatisation. And what is likely to happen if the country accepts this? By the calculations of the troika, in 2015 sovereign debt will be 160% of GDP, servicing the debt will cost 10% of GDP, and the government deficit will be 8% of GDP. In short, Greece will still be bankrupt.

via Euro exit strategy crucial for Greeks | Costas Lapavitsas | Comment is free | The Guardian.