Policy insights

Policy Insights

Policy Insight 92: Independent report on the Greek official debt

Greece?s third economic programme has been relatively successful, but before it can return to private market financing, the country will require more official debt relief. This Policy Insight asks how much debt relief is required and how it should be delivered. Any debt relief package for Greece that wishes to avoid shifting the burden of repayment several generations into the future will need to include some degree of face-value debt relief.

Citation

Zettelmeyer, J, B Weder di Mauro, C Wyplosz, R Portes, M Poiares Maduro, U Panizza, B Eichengreen and E Avgouleas (eds)