Article published in the Greek Economists for reform.
A Greek version was published by Kathimerini on the 13 Oct 2012. See also Greek Economists for Reform
A Greek version was published by Kathimerini on the 13 Oct 2012. See also Greek Economists for Reform
In the next few weeks the ECB/EU/IMF Troika will deliver its
report on the implementation progress and compliance of Greece. On the
basis of this report the EU and the IMF will decide whether to release
the jumbo instalment of 31.5 billion euros that was promised after the
successful completion of the PSI. The Greek government on the other
hand, wishes on the basis of this report, to get an extension or some
easing on the implementation schedule. The aim is to increase its
chances of survival given the precarious state of the government
coalition and the presumed social reaction to the structural changes.
Any easing could come from the rollover or restructuring of the Greek
debt. Andreas Koutras examines the options available given the current
state of the Greek debt and its schedule.