If Greece is to remain a eurozone member, we need greater emphasis on official debt forgiveness. If the objective is to safeguard Greece’s wellbeing outside the eurozone, there must be greater emphasis on returning Greece to a national currency while keeping the country in the European Union. Instead, Greece and the troika have opted again for the muddled middle – one that talks about sustainable eurozone membership but does not do enough to make this highly probable. Continue reading »
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