The Greek Crisis – The Third Episode

While it was not expected that as of July 16, Greece’s creditors would still be attempting to keep the country in the euro with a plan that does not work with the economics of Greece. The reforms that the Greek Parliament accepted on July 16 was poorly designed and far harsher than the vote rejected by the Greek populace 10 days earlier.

This article, the third of a series, tackles the continued impact of Greece's strategy for staying in the Euro, and looks at the possibility that the country's economy may have been better off if they had never entered into the Euro in 2001.