Detail What to do About Greece: The Euro Crisis   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 402 no. 8769 (Jan. 2012), page 11-12. Topik: Economic crisis; Economic policy; Government bonds; Planning Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.70 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel Greece, progenitor of the euro zone's debt drama, is back at center-stage. The reason is a battle between the Greek government, its European and IMF rescuers, and the holders of Greek bonds over the terms of a "voluntary" reduction in its private debts. Greece's economy is in far worse shape than when the outlines of a deal were put together last October, so there is a bigger financial hole to plug. Germany and other rescuers don't want to offer more money, not least because Greece's politicians have broken so many of the promises they made to reform. Bondholders don't want to take a bigger hit. If no deal is in place by March 20th, when a big bond payment is due, Greece will be pushed into a chaotic default, which would increase the risk that the country is forced out of the euro. That is a frightening prospect. The ensuing chaos and contagion could fell the single currency, not least because Europe's governments have made little progress on building a "firewall" around countries like Italy and Spain. What is the best way out of this mess? Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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