| Author (Person) | Mayer, Thomas |
|---|---|
| Publisher | Centre for European Policy Studies [CEPS] |
| Series Title | CEPS High-level Brief |
| Series Details | 20 May 2015 |
| Publication Date | 20/05/2015 |
| Content Type | Journal | Series | Blog |
|
Abstract: Greece and its creditors seem to be engaged in a game of chicken: both sides expect the other to yield at the last moment. The game will almost certainly end with each side deviating somewhat from its preferred course. This High-Level Brief discusses how a parallel currency could contribute to a resolution of the conflict. In the author's view, it would be the least-bad option for both sides among three possible options on the table. |
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| Source Link | Link to Main Source http://aei.pitt.edu/64205/ |
| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Greece |
