Greece: Threatening Recovery

Policy Letter No. 37

Authors:
Alfons J. Weichenrieder
Research Area:
Macro and Finance
Date:
Feb 2015
Keywords:
Financial Assistance, Conditionality
Abstract:

Despite the catastrophic phase between 2008 and the end of 2014, much of a previously unsustainable development has been corrected in Greece and there are clear signs that the deterioration came to a halt in 2014. But what is publicly known about the priorities of the newly elected Syriza government suggests that they may be going largely into the wrong direction.

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