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Financial crises / Late-2000s financial crisis / Fiscal policy / Credit / European sovereign debt crisis / Debt / European Financial Stability Facility / Euro / Government debt / Economics / Financial economics / Economic history


A bank tax can help Greece avoid default By: Jeffrey D. Sachs The Greek government is on the knife-edge of solvency. Public debt is estimated to be around 160 per cent of the country’s gross domestic product, of which
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Document Date: 2011-12-12 16:19:01


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Continent

Europe / /

Country

Greece / /

Currency

EUR / /

Facility

Columbia University / Earth Institute / European Financial Stability Facility / /

IndustryTerm

gross domestic product / insurance fund / bank / bank tax / /

Organization

European Central Bank / Columbia University / Greek parliament / European Union / International Monetary Fund / Greek government / Earth Institute / /

Person

Jeffrey D. Sachs / /

PoliticalEvent

parliament voting / /

Position

director / writer / /

SocialTag