The original Greek adjustment programme, as spelled out in the Memorandum of Understanding signed in May 2010, contained, from the outset, the seeds of its own failure. This is the conclusion of the authors of the present Working paper which assesses, on its own premises, the original adjustment... Lire plus

Based on a survey of national experts, this Working Paper evaluates from a European and national comparative perspective the austerity packages that the governments of EU member states have announced and implemented following the recent financial crisis and the Great Recession. The study raises... Lire plus