| Author (Person) | Alcidi, Cinzia, Gros, Daniel |
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| Publisher | Italian Institute for International Political Studies (ISPI) |
| Series Title | ISPI Commentary |
| Series Details | September 2015 |
| Publication Date | 18/09/2015 |
| Content Type | Journal | Series | Blog |
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The two adjustment programmes that Greece accepted in 2010 and 2012 went off track for one main reason: the recession was much deeper than anticipated. The exceptional downturn of the Greek economy was attributable to two main reasons: the extraordinary fall in investment and the lack of export recovery. |
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| Source Link | Link to Main Source http://www.ispionline.it/it/pubblicazione/greek-bailout-why-it-could-work-now-13858 |
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| Subject Categories | Economic and Financial Affairs |
| Countries / Regions | Europe, Greece |