Greece: A Done Deal
McCrary, Ernest S., Global Finance
The economic indicators are in, and the green light is on for the admission of Greece to European Monetary Union by the start of 2001. Already, Greek banks and other companies are using privatizations and mergers to expand and prepare for the coming fray of Euroland competition.
Greece is just months away from applying for full membership in European Monetary Union, and the outlook for "convergence" has never been more positive. Bankers and economists are calling it a "done deal," and the long-held goal of fuller participation in the broader European economy is finally at hand.
Like Portugal more than a decade ago, Greece has played a tough game of catch-up to bring its …
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Publication information: Article title: Greece: A Done Deal. Contributors: McCrary, Ernest S. - Author. Magazine title: Global Finance. Volume: 13. Issue: 9 Publication date: September 1999. Page number: 87+. © Global Finance Media Inc. Feb 2009. Provided by ProQuest LLC. All Rights Reserved.
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