Будь ласка, використовуйте цей ідентифікатор, щоб цитувати або посилатися на цей матеріал: http://dspace.wunu.edu.ua/handle/316497/34572
Назва: Greece: a european mechanism of the exit from the crisis
Автори: Savelyev, Yevhen
Komar, Nataliya
Siskos, Evangelos
Darvidou, Konstantia
Ключові слова: European integration
European Union
external debt
global financial crisis
macrofinancial assistance
European stabilization mechanism
Eurozone countries
Дата публікації: 2019
Видавництво: TNEU
Бібліографічний опис: Savelyev, Y. Greece: a european mechanism of the exit from the crisis [Text] / Yevhen Savelyev, Nataliya Komar, Evangelos Siskos, Konstantia Darvidou // Journal of european economy. - 2019. - Vol. 18, № 1. - Р. 31-53.
Короткий огляд (реферат): Historical aspects of the creation of European countries of the integration association − the EU are highlighted. Historical stages and reformation of the accession of the Greek economy to the EU are estimated. After the restoration of the democracy in Greece, the negotiations about its accession, which lasted three years (July 1976 − May 1979), were intensified again. January 1, 1981, Greece joined the European Community. Since the country’s accession to the EU in 1981, GDP has grown substantially. Considering the level of inflation be- fore and after the accession of Greece to the EU, by 1981, the inflation rate was gradually increasing, and after accession, particular in 2002, the inflation rate stabilized when Greece fully implemented the euro. Despite the GDP growth, the decline of the level of inflation, the Greek government carried out a thoughtless populist policy, spending huge loans from the IMF on social welfare of the popu- lation. While the national industry required significant investments. That’s why it’s not surprising that, since 1981, Greece’s national products turned out to be un- competitive with European analogs in the context of liberalization of foreign trade, and its negative foreign trade balance more increased. Although the amount of export and import of goods and services at current prices between Greece and countries of the EU increased. The decrease of labor productivity, lack of modernization measures of ag- riculture as a priority sector in Greece led to an increase in the budget deficit and the debt load of the Greek economy. In 2008, government revenues declined even more, which led to bankruptcy of enterprises and a large reduction of em- ployees. Also the macrofinancial assistance to Greece over 2010−2018 for the sum of 288.7 billion euros for the exit from the debt crisis is considered. The im- plementation of three macrofinancial assistance programs required the Greek government to implement a series of reforms that should reduce the debt deficit and debt load. The last effects of loans of the IMF and the European Stabilization Mechanism are evaluated.
URI (Уніфікований ідентифікатор ресурсу): http://dspace.tneu.edu.ua/handle/316497/34572
Розташовується у зібраннях:Журнал європейської економіки Том 18 (№1) Березень 2019

Файли цього матеріалу:
Файл Опис РозмірФормат 
SAVELYEV.pdf227.83 kBAdobe PDFПереглянути/Відкрити

Усі матеріали в архіві електронних ресурсів захищені авторським правом, всі права збережені.