The risk of Grexit – Greek exit from the euro area – has diminished after a summer of dramatic political developments, writes Dermot Hodson, but it has not gone away. High debt levels, uncertainty over further debt relief and the outlook for growth and inflation, he argues, point to persistent contradictions over Greece’s participation in the single currency.
|Place of Publication||Edinburgh|
|Edition||Article No 59|
|Media of output||Blog post|
|Publication status||Published - 10 Dec 2015|
- Debt crisis
- Sovereign debt