A parallel currency for Greece

Author (Person)
Series Title
Series Details 20 May 2015
Publication Date 20/05/2015
Content Type


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.

Source Link http://aei.pitt.edu/64205/
Subject Categories
Countries / Regions