Greece's Debt Crisis: Overview, Policy Responses, and Implications
Description
This report covers the sovereign debt crisis currently faced by the Eurozone which has culminated with Greece, which is at the center of the crisis, Ireland, and Portugal borrowing money from other European countries and the International Monetary Fund (IMF) in order to avoid default. Topics covered include: the build-up of Greece's debt crisis, policy responses with limited success, and broader implications. Specific issues for Congress include how the U.S. economy and banking industry will be affect by these recent events.
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Description
This report covers the sovereign debt crisis currently faced by the Eurozone which has culminated with Greece, which is at the center of the crisis, Ireland, and Portugal borrowing money from other European countries and the International Monetary Fund (IMF) in order to avoid default. Topics covered include: the build-up of Greece's debt crisis, policy responses with limited success, and broader implications. Specific issues for Congress include how the U.S. economy and banking industry will be affect by these recent events.
This report is part of the following collection of related materials.
Congressional Research Service Reports
The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1960's through 2018—covering a variety of topics from agriculture to foreign policy to welfare.
Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.Greece's Debt Crisis: Overview, Policy Responses, and Implications,
report,
August 18, 2011;
Washington D.C..
(https://digital.library.unt.edu/ark:/67531/metadc93837/:
accessed June 10, 2024),
University of North Texas Libraries, UNT Digital Library, https://digital.library.unt.edu;
crediting UNT Libraries Government Documents Department.