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Policy Note 2012/12
| December 2012
Greece: Caught Fast in the Troika's Austerity Trap
On November 27, 2012, the Eurogroup reached a new “Greek deal” that once more discloses that there is no political will to address Greece’s debt crisis—or the country’s economic and social catastrophe.
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Related Topic(s):
Debt sustainability
Direct job creation
Employer of Last Resort (ELR) policy
Eurogroup
Eurozone
Eurozone debt crisis
Fiscal austerity
Greek economic crisis
Troika
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