Policy Article

Can Greece and the Euro still be saved? (in German)

Author

  • Jens Boysen-Hogrefe
Publication Date

The author Jens Boysen-Hogrefe shows that Greece and the euro can still be saved. The design of the rescue and austerity program for Greece, however, is in need of improvement in several points. In order to give Greece a long-term counter-cyclical budgetary policy, an independent debt commission should also be set up.

Kiel Institute Expert

Info

Key Words

  • Debt crisis
  • Greece