The Eurogroup insists that Greece must complete the "current programme". Greece says the programme is not fit for purpose and a "new arrangement" is needed.
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Draghi's Jackson Hole speech is about the tragedy of long-term unemployment. He calls for fundamental reform of the Eurozone's institutional structure.
For about five years now, Greece has been giving the euro area authorities a test in economics and politics. The test must be retaken until the authorities produce the right answers.
Visiting Professor of International Economic Policy, Princeton University10 articles | View profile
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