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An election too far ? Four scenarios for Greece after the elections
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The results of the Greek elections on 17 June are of crucial importance for both the country itself and the eurozone. This Policy Brief outlines the possible post-election scenarios. It argues that an intelligent modification of the current adjustment programme is the best course of action. Other policy choices would likely have a worse outcome, as they would either underestimate the resentment of the current programme among Greeks or risk leading to the country’s exit from the eurozone.
(Photo credit: Katrinitsa, Flickr)