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Entry into the euro area allowed Greece to obtain credits like Germany

17 September 2010 / 10:09:12  GRReporter
10689 reads

But the problem with the budget deficit remains. He answered that Greece would issue an additional quantity of drachmas to cover the difference if necessary. The analysis of Costas Lapavitsas did not present the possible hyperinflation issues that this step hides.

Tags: EconomyCrisisEuroBankruptcyGreeceCostas Lapavitsas
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