Finance and Financial Management Commons^™

The Greek Sovereign Debt Crisis And Potential Implications For Other Sovereign Nations, Gregory Gambill

Honors Scholar Theses

At least four countries in the Eurozone are in poor economic shape, and Greece has already defaulted on its loans, sending the country into a state of disarray while it works on implementing fiscal austerity measures. Meanwhile, Portugal, Ireland, and Spain are next in line for a possible default. Using Portugal, Ireland, Greece, and Spain as examples of countries that are on the verge of economic collapse, this paper contains an analysis of what other countries need to do in order to avoid this situation.