The sovereign debt crisis is among the crises that threaten the economies of countries, especially developing ones with a weak economy. The Greek sovereign debt crisis is one of the crises that hit the European Union and threatened the collapse of the euro. This paper analyzed the Greek sovereign debt crisis, And the solutions that have been used to bring them out, whether at the local level or by the European Union and international coordination, by referring to the historical and economic background of Greece and the European Union, Of the results showed that the main reason for the fall in this crisis is the international classification institutions to manipulate Greece's economic data to comply with the provisions of the Maastricht Treaty, which made the situation difficult and Greece announced the real figures of the deficit in 2009, the need for the EU countries and the International Monetary Fund Greece has been awarded three bailout packages starting in 2010.
Keywords: Euro, Sovereign Debt, Greece, Budget Deficit.
Citation
Ali SENOUSSI ,
sadia HADIOUCHE ,
,(2019), أزمة الديون السيادية اليونانية,الملتقى الوطني :النظام المالي و اشكالية تمويل الاقتصاديات النامية,جامعة المسيلة