Παρασκευή 30 Ιουνίου 2017

Greece Under the Financial Support Mechanism: Where did the Money Go?

(εισήγηση στο EuroConference 2017 / Χανιά)

Κατά την εισήγηση, μεταξύ άλλων, κατέληξε ότι:
«[...] After the fiscal adjustment effort and the re-profiling of the public debt in 2012, the main field for financial support remained public debt. According to European Commission, the agreed continuation of austerity and high fiscal surpluses, accompanied by a further re-profiling of debt (i.e. expand maturity, deal with interest rate risk, etc.), will retain funding needs in a sustainable path. The missing link, however, is the orientation of the loan and the program to locations and dimensions with strong impact to growth so as the economy could (also) follow a sustainable path (i.e. ring-fenced account for supply-side investments and reforms) [...]».
Η παρουσίαση είναι διαθέσιμη εδώ.