Publications on Fiscal credit certificates
There is 1 publication for Fiscal credit certificates.
Greece: Conditions and Strategies for Economic Recovery
Strategic Analysis, May 2015 | May 2015
The Greek economy has the potential to recover, and in this report we argue that access to alternative financing sources such as zero-coupon bonds (“Geuros”) and fiscal credit certificates could provide the impetus and liquidity needed to grow the economy and create jobs. But there are preconditions: the existing government debt must be rolled over and austerity policies put aside, restoring trust in the country’s economic future and setting the stage for sustainable income growth, which will eventually enable Greece to repay its debt.Download:Associated Program:Author(s):