Jeromin Zettelmeyer looks at how the introduction of the euro, the collapse of the Lehman Brothers, eurozone fiscal policy, international financial institutions, the theory of “moral hazard,” and more ended up with Greece becoming the first EU country to declare bankruptcy since the Great Depression.
Jeromin Zettelmeyer looks at how the introduction of the euro, the collapse of the Lehman Brothers, eurozone fiscal policy, international financial institutions, the theory of “moral hazard,” and more ended up with Greece becoming the first EU country to declare bankruptcy since the Great Depression.
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