|Author (Person)||Alcidi, Cinzia, Gros, Daniel|
|Publisher||Italian Institute for International Political Studies (ISPI)|
|Series Title||ISPI Commentary|
|Series Details||September 2015|
|Content Type||Journal | Series | Blog|
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.
|Subject Categories||Economic and Financial Affairs|
|Countries / Regions||Europe, Greece|