Publication

This brief examines Greece's economic situation both before and after the European bailout. The authors conclude that the EU bailout of Greece was an error and that no more European money should be given to Greece. Instead, Greek politics should be given the scope to complete the reform process which is a necessary condition for structural change and economic recovery in the country. It also suggests that the outsourcing of reform projects and the promotion of private investment will accelerate the reconstruction of the Greek economy.