The greek crisis: tragedy or opportunity 9-711-088 rev: september 16, 2011 dante roscini jonathan schlefer konstantinos dimitriou the greek crisis: trag k gedy or oppor rtunity - the greek crisis: tragedy or opportunity introduction by november 2010, georg papaconst y ge tantinou, the greek fina e ance minister was pract r, tically oblivi ious to the daily chants of protesters in constituti d o ion square outside his of ffice. Asset quality of greece is mediocre greece relies on tourism for most part of its revenue and hence it has all eggs in one basket there’s too little diversification for the investors liking hence, greece can never be a sure shot buy on the basis of its asset quality management of the economy is better than before. The greek crisis: tragedy or opportunity what is the context of the euro crisis what happened with greece what does that mean for french companies.
The greek crisis: tragedy or opportunity a greek tragedy with no written final act turbulent times in the euro zone persephone’s pomegranate credit agricole and emporiki aristotle onassis and the greek shipping industry the euro zone and the sovereign debt crisis budget crisis: who should bear the burden of reducing the deficit and debt turbulent times in the euro zone the euro in crisis. Access to case studies expires six months after purchase date publication date: april 05, 2011 after its 2009-2010 fiscal crisis shook the euro, could the greek government stabilize debt, avoid. The greek crisis: tragedy or opportunity case solution, after the 2009-2010 financial crisis has shaken the euro, the greek government could stabilize debt, avoid default and stay in the euro this case is simil.
This crisis began in 2008, with the collapse of iceland’s banking system, and spread to firstly to greece, ireland and portugal during 2009 this crisis has affected, first of all, countries with weak initial economic position, and led to a crisis of confidence for european businesses and economies.
Yield on two-year greek bond doubled from 2% in november to 4% in december yield on the 10-year greek bond rose from 47% to 58% three deficit reduction package in three month in 2010 cut deficit by 5% of gdp eurostat determined that greek statistical office had falsifying data fitch becomes the.
(the greek crisis: tragedy or opportunity case study) . After its 2009-2010 fiscal crisis shook the euro, could the greek government stabilize debt, avoid default, and stay on the euro this case looks at the greek social and political road to fiscal. Case 1: the greek crisis: tragedy or opportunity comm377 the case is due for october 18 th at the end of the class this case will be marked and it has to be done with your team (3 to 5 students not necessarily from the same section) your work has to be printed and please submit a printout during class (thursday oct 18th) write very legibly all names and the group/section number.
Roscini, dante and schlefer, jonathan and dimitriou, konstantinos, the greek crisis: tragedy or opportunity (september 16, 2011) harvard business school bgie unit case no 711-088.