{"id":1054,"date":"2010-03-01T12:49:39","date_gmt":"2010-03-01T10:49:39","guid":{"rendered":"http:\/\/hardouvelis.gr\/?p=1054"},"modified":"2023-08-02T15:32:34","modified_gmt":"2023-08-02T12:32:34","slug":"severe-sovereign-debt-crisis-triggers-aggressive-fiscal-measures","status":"publish","type":"post","link":"https:\/\/hardouvelis.gr\/el\/severe-sovereign-debt-crisis-triggers-aggressive-fiscal-measures\/","title":{"rendered":"A severe sovereign debt crisis triggers aggressive fiscal measures"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-el\">\u0395\u03b3\u03b3\u03c1\u03b1\u03c6\u03ae \u03b4\u03b9\u03b1\u03b8\u03ad\u03c3\u03b9\u03bc\u03b7 \u03c3\u03c4\u03b1 <a href=\"https:\/\/hardouvelis.gr\/en\/wp-json\/wp\/v2\/posts\/1054\" class=\"qtranxs-available-language-link qtranxs-available-language-link-en\" title=\"English\">English<\/a>. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.<\/p><p><strong>A severe sovereign debt crisis triggers aggressive fiscal measures<\/strong><br \/>\nAuthors: G.Hardouvelis, P.Monokroussos, T.Anastasatos, T.Stamatiou, T.Sampaniotis<br \/>\n<em>Publication: Greece Macro Monitor, Eurobank Research, March 2010<\/em><\/p>\n<p>Key points:<\/p>\n<ul>\n<li>\u0083 The Greek economy contracted by 2.0% in 2009, as the positive contribution from net exports softened the large decline in domestic aggregate demand.<\/li>\n<li>\u0083 The recession is growing stronger in 2010: A further 2.8% decline in real GDP growth constitutes a feasible scenario, with the balance of risks skewed to the downside.<\/li>\n<li>\u0083 The recession is likely to end by the second half of 2011 \u0083 Annual average consumer price inflation is expected to reach 2.7% in 2010.<\/li>\n<li>\u0083 Given the aggressive fiscal consolidation efforts, the debt-to-GDP ratio is expected to stabilize by 2012-2013.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/hardouvelis.gr\/wp-content\/uploads\/2017\/12\/GrMacroMonitorMarch2010-final.pdf\">Download A Severe debt crisis triggers aggressive fiscal measures pdf<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u0395\u03b3\u03b3\u03c1\u03b1\u03c6\u03ae \u03b4\u03b9\u03b1\u03b8\u03ad\u03c3\u03b9\u03bc\u03b7 \u03c3\u03c4\u03b1 English. For the sake of viewer convenience, the content is shown below in the alternative language. You<\/p>\n","protected":false},"author":1,"featured_media":4399,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,13],"tags":[3252,3253],"yst_prominent_words":[1294,1776,1771,1767,1773,1769,1765,1762,925,1389,1770,1766,1763,530,1774,1775,1768,1764,1772],"class_list":["post-1054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economic-analysis","category-greece","tag-applied-research","tag-efarmosmeni-ereuna"],"acf":[],"_links":{"self":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/comments?post=1054"}],"version-history":[{"count":1,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1054\/revisions"}],"predecessor-version":[{"id":1056,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/1054\/revisions\/1056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media\/4399"}],"wp:attachment":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media?parent=1054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/categories?post=1054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/tags?post=1054"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/yst_prominent_words?post=1054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}