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The humiliation of Greece and Tsipras’s fatal mistake

Gérard Roland, E. Morris Cox professor of economics and professor of political science | July 15, 2015

A large part of Europe is still shell-shocked by the “compromise” that was decided in the Sunday, July 12 Eurozone marathon. Without repeating the list of reforms imposed on Greece, they are much harsher than what had been negotiated weeks and months before, even harsher than anything imposed on Greece since the beginning of the crisis. … Continue reading »