Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/74564 
Year of Publication: 
2013
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 48 [Issue:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2013 [Pages:] 4-32
Publisher: 
Springer, Heidelberg
Abstract: 
Since the onset of the sovereign debt crisis, the crisis-stricken countries in Europe have been pushed to take drastic steps to consolidate their finances and reduce their budget deficits. Despite strong public opposition and largely damaging short-run effects, the countries have undertaken many of the internationally recommended/mandated reforms and spending cuts. In this Forum, authors from Greece, Ireland, Italy, Spain and Portugal report on the fiscal consolidation achieved in their respective countries - and the sacrifices that have made it possible. Furthermore, the authors detail what remains to be done to resolve the crisis.
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Published Version

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