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Program Notes for the Greek Endgame: Austerity, Cyprus, and Currency Union Exits

Dolan, Ed, (2015), “Program Notes for the Greek Endgame: Austerity, Cyprus, and Currency Union Exits”, Economonitor, 30 June

The Greek government has rejected the latest austerity and reform proposals from the EU, the ECB, and the IMF.  It has declared a national referendum, scheduled for Sunday, and urges a “No” vote. “”We ask you to reject it with all the might of your soul, with the greatest margin possible,” says Prime Minister Alexis Tsipras. Greek banks, which have been hit by an accelerating run, are to remain closed until after the vote. Yet rumors swirl of behind-the-scenes talk and a last minute deal.

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