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Greece’s Soft Budgets in Hard Times

07 March 2012

Greece’s Soft Budgets in Hard Times

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According to CEPS Director Daniel Gros, the real problem in Greece is no longer the fiscal deficit, but a combination of deposit flight and continuing excessive consumption in the private sector, which for more than a decade now has been accustomed to spending much more than it earns


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Greece’s Soft Budgets in Hard Times
Download Publication

2481 Downloads