It’s Not Just Debt: Government Spending And Easy Money Fuel The Greek CrisisGuest Post
It’s Not Just Debt: Government Spending And Easy Money Fuel The Greek Crisis by Frank Shostak, Mises Institute
The Greek government continues to negotiate with international creditors following its recent default on its 1.6 billion euro loan repayment to the International Monetary Fund (IMF).
Consequently, Greece runs the risk of losing access to a 1.8 billion euro loan tranche and 10.0 billion euros for recapitalizing banks.
Commentators are of the view . . .
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