Griechenlands Austritt aus der Europäischen Währungsunion – ein Ablaufszenario

Dirk Meyer ()

Wirtschaftsdienst, 2015, vol. 95, issue 5, 325-333

Abstract: Greece’s financial difficulties apparently do not endanger the stability of the eurozone, nor is Greek debt sustainability guaranteed. Nevertheless, Greece was granted a four-month extension to its aid programme and a third programme is already being discussed. This contribution first examines the legal requirements for further aid. Then, a process scenario is used to examine the possible consequences of a Greek default and the ensuing options for the country. Besides an analysis of exit options which are in accordance with the EU treaties, the issuance of an emergency currency as well as an asset-backed Neä Drachmä are discussed. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2015

Keywords: E42; E58; E62 (search for similar items in EconPapers)
Date: 2015
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DOI: 10.1007/s10273-015-1827-6

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