Working Papers,
Örebro University, School of Business

Abstract: We introducing the new idea, of “@-euro” is a self-part-financiering monetary policy. This new idea, introduced more money (liquidity) to Greek state, and a system to collect taxes from the black economy. This idea, which is a possible solution to the Greek Crisis applied in a 7-years alternative Budget. The “@-euro” has two characteristics, first self-financiering and self-discipline. The produced New MTFS with exceptional positive results, with 43,00 billion surplus after that we have pay 113,00 billion Euro back to the creditors in a 7 year period. Moreover, no negative effects of austerity. There is fiscal stimulus without inflation!

Keywords: Austerity; Government Budget; “@-euro”

JEL-codes: C22; E62; F33; H63; O40

9 pages, April 2, 2015

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Published as

Panagiotis Mantalos, (2015), 'Greek Debt Crisis: The “@-euro” a New Possible Solution to Greek Debt Crisis', International Journal of Financial Crisis and Black Money, vol 1, no 1, pages 1-6

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