Publication

8 Aug 2011

The first act of the eurozone debt drama was about whether any European Union member country could ever become insolvent. It ended when the highest EU authority, the European Council, officially recognised in late July that Greece does need a reduction in its debt obligations.

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Author Daniel Gros
Series CEPS Commentaries
Publisher Centre for European Policy Studies (CEPS)
Copyright © 2011 Centre for European Policy Studies (CEPS)
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