Is an Austerity-induced Depression about to Bring Down the Final Curtain on the Greek Drama?

C. J. Polychroniou

Economics One-Pager Archive from Levy Economics Institute

Abstract: On June 17, Greece will hold a second round of elections, the outcome of which might force the European Union to halt all financial assistance to the debt-strapped country. What Greece desperately needs is a leadership with the ability to explore all possible options and to prepare the nation for the tough challenges that may lie ahead—and to make them aware of the opportunities available to a government in charge of its own currency.

Date: 2012-05
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