Beck, Thorsten, (2015), “Greece: And the can keeps on rolling…”, Voxeu, 15 July
Monday’s deal was a political compromise consistent with the political constraints of Greece and its creditors. It is doubtful, however, that it will provide a long-term solution to Greece’s economic crisis. At a minimum, the momentum should be used to eliminate the option of Grexit once and for all. The bank-sovereign ties should be cut to turn Greek banks from a source of crises into a growth-supporting sector.
Relevant Posts
- Ruparel, Raoul, (2015), “Bridge financing for Greece – what are the options and should the UK be involved?”, Open Europe blog, 14 July
- Mody, Ashoka, (20150, “Professor Blanchard Writes a Greek Tragedy”, Bruegel publications, 14 July