{"id":2960,"date":"2011-11-17T17:26:32","date_gmt":"2011-11-17T15:26:32","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=2960"},"modified":"2011-11-17T17:26:32","modified_gmt":"2011-11-17T15:26:32","slug":"who-cares-about-the-survival-of-the-eurozone","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/who-cares-about-the-survival-of-the-eurozone\/","title":{"rendered":"Who cares about the survival of the eurozone?"},"content":{"rendered":"<p><a href=\"http:\/\/www.ceps.eu\/author\/paul-de-grauwe\" target=\"_blank\">De Grauwe, Paul<\/a>.<\/p>\n<p>De Grauwe expresses astonishment in this new Commentary at the continued insistence in both Brussels and Frankfurt on budgetary austerity as the necessary and sufficient response to stop the government debt crisis in the eurozone. In his view, the austerity programmes should be softened and spread over a longer period of time, allowing the automatic stabilisers in the national budgets to prevent the economies from spiralling downwards. Furthermore, he reiterates his argument that the ECB should take up its role of lender of last resort in the government bond markets of illiquid but solvent member countries of the eurozone.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>CEPS<\/p>\n<p><a href=\"http:\/\/www.ceps.eu\/book\/who-cares-about-survival-eurozone\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n<p><!-- regular node view template HTML here --><!--\n\n\n<div>\u20ac 0.00<\/div>\n\n\n\n\n<fieldset>\n\n<legend>Images<\/legend>\n\n\n\n\n<div>\n\n\n<div>\n\n\n<div><img decoding=\"async\" src=\"http:\/\/www.ceps.eu\/system\/files\/imagecache\/book_list_120px\/bookimages\/ceps-commentary_42_23.jpg\" _mce_src=\"http:\/\/www.ceps.eu\/system\/files\/imagecache\/book_list_120px\/bookimages\/ceps-commentary_42_23.jpg\" alt=\"\" title=\"\"  width=\"120\" height=\"167\" \/><\/div>\n\n\n<\/div>\n\n\n<\/div>\n\n<\/fieldset>\n\n\n\n\n<div>\n\n\n<div><a href=\"http:\/\/www.ceps.eu\/system\/files\/imagecache\/product_full\/bookimages\/ceps-commentary_42_23.jpg\" _mce_href=\"http:\/\/www.ceps.eu\/system\/files\/imagecache\/product_full\/bookimages\/ceps-commentary_42_23.jpg\" title=\"\"><img decoding=\"async\" src=\"http:\/\/www.ceps.eu\/system\/files\/imagecache\/product\/bookimages\/ceps-commentary_42_23.jpg\" _mce_src=\"http:\/\/www.ceps.eu\/system\/files\/imagecache\/product\/bookimages\/ceps-commentary_42_23.jpg\" alt=\"\" title=\"\"  width=\"72\" height=\"100\" \/><\/a><\/div>\n\n\n\n\n<div><\/div>\n\n\n<\/div>\n\n\n\n\n<fieldset>\n\n<legend>Authors<\/legend>\n\n\n\n\n<fieldset>\n\n\n<div>\n\n\n<div>Author(s):&nbsp;<\/div>\n\n\n\n\n<div>\n\n\n<div><a href=\"\/author\/paul-de-grauwe\" _mce_href=\"\/author\/paul-de-grauwe\">Paul De Grauwe<\/a><\/div>\n\n\n<\/div>\n\n\n<\/div>\n\n<\/fieldset>\n\n\n<\/fieldset>\n\n\n\n\n<div>\n\n\n<div>\n\n\n<div>\n\n\n<div>Date of publication:&nbsp;<\/div>\n\n\n16 November 2011<\/div>\n\n\n<\/div>\n\n\n<\/div>\n\n\n\n\n<div>\n\n\n<div>\n\n\n<div>\n\n\n<div>type:&nbsp;<\/div>\n\n\nPDF file<\/div>\n\n\n<\/div>\n\n\n<\/div>\n\n\n\n\n<div>\n\n\n<div>\n\n\n<div>\n\n\n<div>Pages:&nbsp;<\/div>\n\n\n2<\/div>\n\n\n<\/div>\n\n\n<\/div>\n\n\n\n\n<table id=\"attachments\">\n\n\n<thead>\n\n\n<tr>\n\n\n<th>Attachment<\/th>\n\n\n\n\n<th>Size<\/th>\n\n\n\n\n<th>Hits<\/th>\n\n\n\n\n<th>Last download<\/th>\n\n\n<\/tr>\n\n\n<\/thead>\n\n\n\n\n<tbody>\n\n\n<tr>\n\n\n<td><a href=\"http:\/\/www.ceps.eu\/system\/files\/book\/2011\/11\/PDG%20Who%20cares%20about%20survival%20of%20eurozone.pdf\" _mce_href=\"http:\/\/www.ceps.eu\/system\/files\/book\/2011\/11\/PDG%20Who%20cares%20about%20survival%20of%20eurozone.pdf\">PDG Who cares about survival of eurozone.pdf<\/a><\/td>\n\n\n\n\n<td>113.48 KB<\/td>\n\n\n\n\n<td>2<\/td>\n\n\n\n\n<td>21 hours 37 min ago<\/td>\n\n\n<\/tr>\n\n\n<\/tbody>\n\n\n<\/table>\n\n\n\n\n<div>\n\n<form action=\"\/book\/who-cares-about-survival-eurozone\"  accept-charset=\"UTF-8\" method=\"post\" id=\"uc-product-add-to-cart-form-6358\">\n\n\n<div>\n\n\n<div id=\"edit-qty-wrapper\"><label for=\"edit-qty\">Quantity: <\/label> <input type=\"text\" maxlength=\"6\" name=\"qty\" id=\"edit-qty\" size=\"5\" value=\"1\" \/><\/div>\n\n\n<input type=\"submit\" name=\"op\" id=\"edit-submit-6358\" value=\"Add to cart\"  \/> <input type=\"hidden\" name=\"form_build_id\" id=\"form-4e15e7019380e28af51746b5c5aa897d\" value=\"form-4e15e7019380e28af51746b5c5aa897d\"  \/> <input type=\"hidden\" name=\"form_id\" id=\"edit-uc-product-add-to-cart-form-6358\" value=\"uc_product_add_to_cart_form_6358\"  \/><\/div>\n\n\n<\/form>\n\n<\/div>\n\n\n\n\n<div>\n\nCEPS Senior Fellow Paul De Grauwe expresses astonishment in this new Commentary at the continued insistence in both Brussels and Frankfurt on budgetary austerity as the necessary and sufficient response to stop the government debt crisis in the eurozone. In his view, the austerity programmes should be softened and spread over a longer period of time, allowing the automatic stabilisers in the national budgets to prevent the economies from spiralling downwards. Furthermore, he reiterates his argument that the ECB should take up its role of lender of last resort in the government bond markets of illiquid but solvent member countries of the eurozone.\n\n<\/div>\n\n\n--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>De Grauwe, Paul. De Grauwe expresses astonishment in this new Commentary at the continued insistence in both Brussels and Frankfurt on budgetary austerity as the necessary and sufficient response to stop the government debt crisis in the eurozone. In his view, the austerity programmes should be softened and spread over a longer period of time, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,25,27],"class_list":["post-2960","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-25","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2960","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=2960"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2960\/revisions"}],"predecessor-version":[{"id":2961,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2960\/revisions\/2961"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=2960"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=2960"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=2960"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}