RWI Positionen

RWI Positionen 67

Griechenland und die Eurozone: Ein Drahtseilakt

by Christoph M. Schmidt

09/2015, 13 S./p., 6 Euro, ISBN 978-3-86788-670-3

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Abstract

Most recent developments in Greece have shown: despite an agreement on the third loan program, the Greek debt crisis is far from being solved. Following the resignation of prime minister Alexis Tsipras, Greece will have re-elections on September 20, 2015. Regardless of which Greek government will be in power after this date, future negotiations must be guided by three principles: Firstly, the monetary union should be preserved – but not at all cost. Secondly, agreements regarding structural reforms following the additional loans, which Greece was provided with on August 20, 2015, have to be kept and implemented. Thirdly, the alignment of liability and control should be the essential ingredient of all future actions intended to stabilize the monetary union.

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