Abstract
As we remarked, there are bailouts at several levels. To bailout the public sector wages and salaries or pensions in Greece, Greece needs a plan according to the Poincare lines. A public debt authority and a pensions authority that will consolidate obligations and revenues, backed on real resources. This is a matter of short run importance and immediate consideration must be given to it.
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Tsionas, E.G. (2014). Will Bailouts Lead to a Dissolution of the Euro?. In: The Euro and International Financial Stability. Financial and Monetary Policy Studies, vol 37. Springer, Cham. https://doi.org/10.1007/978-3-319-01171-4_11
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DOI: https://doi.org/10.1007/978-3-319-01171-4_11
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