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Saving Greece, Saving Europe

Eichengreen, Barry, (2015), “Saving Greece, Saving Europe”, Project Syndicate, 13 Ιουλίου

Whatever one thinks about the tactics of Greek Prime Minister Alexis Tsipras’s government in negotiations with the country’s creditors, the Greek people deserve better than what they are being offered. Germany wants Greece to choose between economic collapse and leaving the eurozone. Both options would mean economic disaster; the first, if not both, would be politically disastrous as well.

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