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Die Staatsschuldenkrise, die öffentliche Meinung und die Märkte: Ein Drama in drei Akten

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  • Read, Oliver
  • Schäfer, Stefan

Abstract

Im achten Jahr der Griechenland-Krise wird sowohl die Nachhaltigkeit der Staatschulden des Landes immer noch diskutiert als auch die weitere Beteiligung des Internationalen Währungsfonds am dritten "Rettungspaket". Gleichzeitig scheinen die Kapitalmärkte indifferent gegenüber den Ereignissen in diesem Teil der Eurozone zu sein. Nach der Darstellung in diesem Artikel sind das die Folgen der Maßnahmen, die die Entscheider in der Politik in den Jahren 2010- 2012 ergriffen haben. In einer Gratwanderung zwischen öffentlicher Meinung und Erwartungen der Kapitalmärkte haben sowohl die europäischen Regierungen als auch die EZB und die Europäische Kommission einen inkrementellen Ansatz verfolgt, der trotzdem signifikante Ergebnisse hervorgebracht hat. Der Artikel hebt die Rolle von diskursiven Signalen hervor, die die Entscheider senden mussten, um sowohl Investoren als auch Wähler in diesem Kontext zu beruhigen.

Suggested Citation

  • Read, Oliver & Schäfer, Stefan, 2017. "Die Staatsschuldenkrise, die öffentliche Meinung und die Märkte: Ein Drama in drei Akten," wifin Working Paper Series 2/2017, RheinMain University of Applied Sciences, Wiesbaden Institute of Finance and Insurance (wifin).
    • Handle: RePEc:zbw:wifinw:22017
    DOI: 10.25716/pur-7
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    References listed on IDEAS

    as
    1. Philip R. Lane, 2012. "The European Sovereign Debt Crisis," Journal of Economic Perspectives, American Economic Association, vol. 26(3), pages 49-68, Summer.
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    More about this item

    Keywords

    European Monetary Union; euro crisis; Greek bail-out; Greek sovereign debt crisis;
    All these keywords.

    JEL classification:

    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions

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