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Does Greece Need More Official Debt Relief? If So, How Much?

Creditor countries and international organizations continue to disagree whether Greece should receive additional official debt relief, and…

  • Jeromin Zettelmeyer (PIIE), Eike Kreplin (German Federal Ministry for Economic Affairs and Energy) and Ugo Panizza (Graduate Institute, Geneva)

This paper first shows that these disagreements can be attributed to competing assumptions about Greece’s future capacity to repay, particularly about…

Krep 1aIt next evaluates the plausibility of…

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