The Debt Dilemma

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The victory of the anti-austerity Syriza party in Greece’s February election has placed debt back at the center of debates about economic growth and stability. But Greece is hardly the only country that is struggling to repay its existing debt, much less dampen borrowing – and the risks are mounting.

LONDON/WASHINGTON, DC – Greece’s divisive negotiations with the EU have placed debt back at the center of debates about economic growth and stability. But Greece is not the only country struggling to repay its existing debt, much less dampen borrowing. Its fraught negotiations with its creditors should spur other countries to take action to address their own debt overhangs.

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