Weisbrot, Mark; Rosnick, David; Lefebvre, Stephan - Center for Economic and Policy Research (CEPR) - 2015
In the past 6 years the Greek economy has gone through a massive adjustment at a steep price. The economy finally grew in 2014, by 0.6 percent, but the recovery is weak, slow and fragile. This paper argues that prolonged mass unemployment and reduced living standards, brought about by years of...
