Greece's Debt Crisis: Overview, Policy Responses, and Implications

Nelson, Rebecca M. ; Belkin, Paul ; Mix, Derek E.

Library of Congress. Congressional Research Service.

关键词: Finance;    International finance;    International economic relations;    International affairs;   

RP-ID  :  R41167
RP-ID  :  R41167_2010May14

美国|英语

来源: UNT Digital Library

【 摘 要 】

Greece is currently facing such a sovereign debt crisis. On May 2, 2010, the Eurozone members and International Monetary Fund (IMF) endorsed a historic €110 billion (about $145 billion) financial package for Greece in an effort to avoid a Greek default and to stem contagion of Greece's crisis to other European countries, particularly Portugal, Spain, Ireland, and Italy. This report provides an overview of the crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States.