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Greece is solvent but illiquid. What should the ECB do? CEPS Commentary, 15 June 2015

De Grauwe, Paul. (2015) Greece is solvent but illiquid. What should the ECB do? CEPS Commentary, 15 June 2015. [Policy Paper]

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    Abstract

    There is one feature of the sovereign debt crisis in Greece that is widely misunderstood, namely the effective debt burden of the country’s government. Since the start of the crisis, its sovereign debt has been subjected to several restructuring efforts

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    Item Type: Policy Paper
    Subjects for non-EU documents: Countries > Greece
    EU policies and themes > Policies & related activities > economic and financial affairs > banks/financial markets
    EU policies and themes > Policies & related activities > economic and financial affairs > financial crisis 2008-on/reforms/economic governance
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Centre for European Policy Studies (Brussels) > CEPS Commentaries
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 30 Jan 2016 20:44
    Number of Pages: 3
    Last Modified: 30 Jan 2016 20:45
    URI: http://aei.pitt.edu/id/eprint/71236

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