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"Bitzenis, Aristidis, editor"
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Reflections on the Greek Sovereign Debt Crisis
The euro was generally considered a success in its first decade. Nevertheless, the \"unanticipated\" financial crisis in the summer of 2007 has developed gradually into the worst global economic crisis in post-war economic history and a sovereign debt crisis, calling into question the endurance of positive externalities under the current form of European economic integration. The experience of double-dip recessions in the core of the euro-area and the occurrence of a deflationary spiral in its.
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