Bust : Greece, the Euro, and the sovereign debt crisis / Matthew Lynn.

Includes bibliographical references (p. 263-271).

Now we are ten -- How to blag your way into a single currency -- At Club Med the party never ends -- The story of the Swabian housewife -- Fixing a debt crisis with debt -- Burying your head in the Greek sand -- The debts fall due -- The trillion-dollar weekend -- Contagion -- The debt-deflation death spiral -- How to break up a single currency -- The global economy after the single currency.

"Athens, Greece May Day 2010. The International Monetary Fund (IMF) and the European Union (EU) were putting together the final details of a 100-billion Euro rescue package for the country. The Greek Prime Minister, George Papandreou had agreed to a savage package of austerity measures involving cuts in public spending and lower salaries and pensions. Outside, riot police were deployed, as protesters gathered to fight the austerity program. A country with a history of revolution and dictatorship hovered on the brink of collapse with the world's financial markets watching to see if the deal cobbled together would be enough to both calm the markets, rescue the Greek economy, and with it the Euro, from oblivion."