{"product_id":"euroshock-how-the-largest-debt-restructuring-in-history-helped-save-greece-and-preserve-the-eurozone","title":"Euroshock: How the Largest Debt Restructuring in History  Helped Save Greece and Preserve the Eurozone","description":"\u003cb\u003eThe inside story of the unprecedented restructuring of Greece’s debt in 2012—the largest restructuring in history—and how the Eurozone was stabilized and Greece was saved from exit from the Euro\u003c\/b\u003e \u003cb\u003eand economic calamity.\u003c\/b\u003e \u003cb\u003eOne of the\u003c\/b\u003e \u003cb\u003e\u003ci\u003eFinancial Times\u003c\/i\u003e Best Summer Books of 2024 in Economics.\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eIn the fall of 2009, the world economy was beginning to recover from the global financial crisis that had shaken global markets and had led to a sharp recession. At the same time, Europe was entering a new phase of economic stress.\u003cbr\u003e \u003cbr\u003eBy the spring of 2011, the European economy had exploded into a full-blown crisis with Greece at the center. The euro, a currency just over a decade old, was under severe pressure and there was growing speculation about Greece leaving the Eurozone and thereby fracturing the common currency, leading potentially to an unraveling of the euro.\u003cbr\u003e \u003cbr\u003eAgainst this backdrop, urgent negotiations were launched to pull Greece and Europe back from the brink of disaster. This is the inside story of those negotiations.","brand":"None","offers":[{"title":"Couverture rigide","offer_id":46815132647634,"sku":"9781957588131","price":60.0,"currency_code":"CAD","in_stock":false},{"title":"Livre numérique Kobo","offer_id":46815132680402,"sku":"3b655eeb-d3ee-3e58-b9f6-8fc470cdbf83","price":19.19,"currency_code":"CAD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0655\/8980\/5233\/files\/image_67c7a0f4-2361-43e4-a352-8585b37fae1d.jpg?v=1775575039","url":"https:\/\/www.indigo.ca\/fr\/products\/euroshock-how-the-largest-debt-restructuring-in-history-helped-save-greece-and-preserve-the-eurozone","provider":"Indigo","version":"1.0","type":"link"}