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A New Approach To Eurozone Sovereign Debt

Varoufakis, Yanis, (2015), “A New Approach To Eurozone Sovereign Debt”, Social Europe Journal, 17 Αυγούστου

Greece’s public debt has been put back on Europe’s agenda. Indeed, this was perhaps the Greek government’s main achievement during its agonizing five-month standoff with its creditors. After years of “extend and pretend,” today almost everyone agrees that debt restructuring is essential. Most important, this is true not just for Greece.

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