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Back from the brink: Policy reform and debt relief in Greece

Cline, William, (2015), “Back from the brink: Policy reform and debt relief in Greece”, Voxeu, 24 Αυgust

Economists continue to debate whether – and to what extent – Greek debts should be relieved. This column takes through the details of Greek debt, what relief options are open to Greece, and what the likely consequences of relief might be for all parties. Yet again, there are no easy choices – but that doesn’t mean economists and policymakers shouldn’t try.

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