The Conversation

Why Greece's third bailout package is bound to fail

Author: The Conversation

Running out of options.EPA/Yannis Kolesidis

The Greek government was forced into accepting a third bailout under very difficult circumstances on July 13. The dramatic euro summit of July 12 lasted 17 hours before a new bailout package of €86 billion was agreed by eurozone prime ministers. Conditional on a new recessionary policy mix,...

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