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Monthly Archives: May 2012
Greco-German Games – No Winners
Suddenly the prospect of Greece leaving EMU looks horribly real. True, Greek voters continue to signal their continued enthusiasm for staying in. But this is at odds with their rejection of the austerity that is a precondition for the Eurozone’s … Continue reading
Posted in EMU, Macro, Macroeconomics
Tagged economic cycle, Economics, EMU, financial markets, Germany, Greece, monetary policy
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