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Saturday, July 11, 2015

A Problematic Proposal from Greece | Foreign Policy

A Problematic Proposal from Greece | Foreign Policy

Does Greece’s latest bailout proposal, now accepted by the Greek parliament, and currently being scrutinized at length by eurozone finance ministers, make sense? It’s pretty much the same deal that was soundly rejected by Greek voters less than a week ago. The voters clearly knew something that the government didn’t — this is a lousy plan for the Greek economy, and a government stacked with economists surely could have come up with something better.

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