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Tag Archives: Bailout

What was it all for? The latest Greek Bailout-PSI in the Morning After’s cold light

March 12, 2012by E 2 Comments

originally posted at yanisvaroufakis.eu So, Greece defaulted. In the beginning, May 2010 to be precise, Europe and the IMF put up the largest loan in history supposedly to avert any […]

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Economy, EU

Crisis Appeasement: The new Greek Bailout as a ‘Euro in Our Time’ moment

February 22, 2012by E 1 Comment

By Yani Varoufakis, originally published at http://yanisvaroufakis.eu According to the official narrative, the euro was saved (again) by preventing a ‘disorderly’ Greek default and against the background of Mario Draghi’s Central […]

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Economy

Greece: Eurogroup imposes terms of debt servitude

February 21, 2012by E Leave a comment

“Greece will pay amount corresponding to coming quarter’s debt service directly to a segregated account. Within 2 months Greece will pass law ensuring priority is granted to debt servicing payments […]

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Economy, EU

Greek default does NOT equal Greek exit

February 16, 2012by E 1 Comment

by Yani Varoufakis originally posted at http://yanisvaroufakis.eu 18/2/2012 Perhaps the greatest enemy of the eurozone, at this particular juncture, is an erroneous assumption: that a Greek default is inextricably linked to […]

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Economy, EU

The killing of Greece

February 13, 2012by E Leave a comment

By Delusional Economics, who is horrified at the state of economic commentary in Australia and is determined to cleanse the daily flow of vested interests propaganda to produce a balanced […]

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Economy, EU, Politics

On the Political Crisis in Greece, Protests Over Budget Cuts

June 26, 2011by E Leave a comment
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Economy, EU, Politics

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