, but this is still fragile and exposed to risks. Overall, we support the continued participation of Greece to the euro … Greek debt crisis. We argue that this is mainly the result of misguided past internal policies deviating substantially from … a credible platform for achieving sustainable growth. We argue that Greece has entered the process of economic recovery …

crisis. The latter is mainly the result of misguided past internal policies deviating from the policy lessons of modern … macroeconomics. The current policy, however, provides a credible platform for sustainable growth. Greece has entered the process of …-se determining growth, supply-side reforms and institutional performance are; and for Greece both are better served within the EMU …