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This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
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Eurozone much attention was drawn to the homogeneity of the currency area. However, at the beginning the Eurozone seemed to be …
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