Author (Person) | Alcidi, Cinzia, Gros, Daniel |
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Publisher | Centre for European Policy Studies [CEPS] |
Series Title | CEPS Commentary |
Series Details | April 2010 |
Publication Date | April 2010 |
Content Type | Journal | Series | Blog |
From Source URL click on 'Download the document (PDF) for FREE'. The Greek government has promised that it will cut its deficit by about 10-12% of GDP. In their review of past episodes of fiscal adjustments in the EU, CEPS researchers Cinzia Alcidi and Daniel Gros find such a huge adjustment is possible but it will probably take at least five years, and might still leave the country in a highly unstable position. |
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Source Link | Link to Main Source http://www.ceps.eu/book/european-experience-large-fiscal-adjustments |
Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe, Greece |