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Greece: a bumpy road to salvation

Codogno, Lorenzo (2016) Greece: a bumpy road to salvation. LSE European Politics and Policy (EUROPP) Blog (10 Feb 2016). Website.

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Negotiations for the completion of the first review of the third bailout programme for Greece are approaching a critical stage, with the Greek government resisting some pension and tax changes, while creditors insist on credible and rigorous implementation. Lorenzo Codogno writes that differences are bridgeable within a couple of months, and a positive outcome would open the door for debt relief. However, there are risks related to the evolving political situation, the lack of ownership by the Syriza government, the still-large fiscal gap to be delivered, potential additional social unrest, the expected impact of fiscal measures on the economy and the outlook for potential growth over the medium term.

Item Type: Online resource (Website)
Official URL:
Additional Information: © 2016 The Author(s)
Divisions: European Institute
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JA Political science (General)
J Political Science > JN Political institutions (Europe)
Date Deposited: 24 Mar 2017 15:21
Last Modified: 04 Sep 2021 23:26

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