Journal Article

Never Catching-up: The roots of the Greek Tragedy (original publication German only)

Wirtschaftsdienst, 90 (8)

The EU saved Greece from bankruptcy because it deemed Greece’s problems had been caused by the global economic and financial crisis and would thus be of a temporary nature. The authors prove in their contribution that Greece has been living beyond its means for a long time. They also make suggestions as to how Greece can solve its problems on its own.