Greek Debt Crisis: The “@-euro” a New Possible Solution to Greek Debt Crisis
Panagiotis Mantalos
No 2015:5, Working Papers from Örebro University, School of Business
Abstract:
We introducing the new idea, of “@-euro” is a self-part-financiering monetary policy. This new idea, introduced more money (liquidity) to Greek state, and a system to collect taxes from the black economy. This idea, which is a possible solution to the Greek Crisis applied in a 7-years alternative Budget. The “@-euro” has two characteristics, first self-financiering and self-discipline. The produced New MTFS with exceptional positive results, with 43,00 billion surplus after that we have pay 113,00 billion Euro back to the creditors in a 7 year period. Moreover, no negative effects of austerity. There is fiscal stimulus without inflation!
Keywords: Austerity; Government Budget; “@-euro” (search for similar items in EconPapers)
JEL-codes: C22 E62 F33 H63 O40 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2015-04-02
New Economics Papers: this item is included in nep-cba and nep-mac
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Citations:
Published as Mantalos, Panagiotis, 'Greek Debt Crisis: The “@-euro” a New Possible Solution to Greek Debt Crisis' in International Journal of Financial Crisis and Black Money, 2015, pages 1-6.
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:oruesi:2015_005
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