Bertelsmann Stiftung (ed.)

Growth Effects of a Withdrawal <br/> from the Euro-zone

Which effects would have a withdrawal of Greece, Portugal, Spain or Italy from the euro-zone on growth and employment in Germany, Europe and the world? <br/> Only available in German

Format Type
PDF
Date of publication
02/10/2012
Edition
1. edition

Price

Free of charge

Description

Greece defaulting on its sovereign debt and leaving the European Monetary Union would in and of itself have a relatively minor effect on the world economy. But such a »Grexit« could provoke tremendous domino effects causing a severe worldwide recession.

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