Are the peripheral euro-zone countries hit by the 2010-2013 crisis (Spain, Italy, Portugal, Greece) back on a sustainable growth path?
The peripheral euro-zone countries can be said to be back on a sustainable growth path after the 2010-2013 crisis if: They are no longer accumulating financial imbalances (public debt, external debt); Their productive specialisation allows them to achieve sufficient long-term growth. Among these countries, only Spain and Portugal - albeit not entirely - are back on a sustainable growth path.