Greece

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    Austerity without debt relief courts new unrest in Greece

    Economist James K. Galbraith warns that ‘unrealistic expectations’ by Athens’ creditors is a recipe for turmoil Read more

    Why 'Grexit' could be good for Greece

    It is a shame that Greece was unable to manage its finances and is now slipping into chaos. But this outcome was inevitable and could not be permanently averted with loans from the international community. Read more