Tuesday, July 14, 2015

14/7/15: Ifo Sinn: Euro Agreement Doesn’t Really Help Greece

Ifo's Hans Werner Sinn on Monday Eurogroup and Euro Council agreements:

You can sense his frustration.

I can add that much of what is said above makes sense, although I do not think temporary Grexit is feasible. A normal, EU-facilitated Grexit with no timing terms attached is.

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