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Original Articles

Did the climb on the Greek sovereign spreads cause the devaluation of euro?

Pages 851-854 | Published online: 31 Jan 2011
 

Abstract

Despite the minimal size of the Greek economy within eurozone, our Error-Correction Model (ECM) identified that the deterioration in the public finances of the Greek government caused the euro depreciation over the last weeks of 2009 and first weeks of 2010.

Notes

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