Should Greece Remain in the Eurozone?

38 Pages Posted: 21 Aug 2015

See all articles by Robert L. Hetzel

Robert L. Hetzel

Federal Reserve Banks - Federal Reserve Bank of Richmond

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Date Written: 2014

Abstract

Should Greece remain in the Eurozone at the cost of continued deflation and recession? Alternatively, is it realistic to believe that Greece can return to prosperity by leaving the Eurozone and readopting its own national currency, the drachma? An answer to these questions requires an understanding of why Greece has suffered prolonged recession.

Suggested Citation

Hetzel, Robert L., Should Greece Remain in the Eurozone? (2014). FRB Economic Quarterly, Vol. 100, No. 3, Third Quarter 2014, pp. 241-278, Available at SSRN: https://ssrn.com/abstract=2647492

Robert L. Hetzel (Contact Author)

Federal Reserve Banks - Federal Reserve Bank of Richmond ( email )

P.O. Box 27622
Richmond, VA 23261
United States

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