CAUSES OF DEBT CRISIS IN GREECE
Lucia Rozova ()
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Lucia Rozova: Katedra ekonomiky a riadenia verejnej správy, Fakulta verejnej správy, Univerzita Pavla Jozefa Šafárika v Košiciach
Medzinarodne vztahy (Journal of International Relations), 2019, vol. 17, issue 1, 44-61
Abstract:
The primary objective of the paper is to investigate the causes of the debt crisis in Greece, to describe its course based on the materials studied. The paper focuses on completing all identified causes that have affected the crisis situation in Greece. The causes are several, but the most significant is the annual increase in public caused by poor government management and their welfare state program. In a nutshell, we will outline the situation since 2010 and the program of assistance provided to Greece by the IMF, the EU and the ECB.
Keywords: Greece; debt crisis; public debt; fiscal imbalance (search for similar items in EconPapers)
JEL-codes: E62 G01 H63 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:brv:journl:v:17:y:2019:i:1:p:44-61
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