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Sunday, October 26, 2014

Patronage and bribery will persist in Greece even if it escapes austerity

At first sight it is puzzling that Greece should be in a hurry to exit the EU-International Monetary Fund bailout on which it has depended since 2010. The yield on Greek 10-year sovereign debt soared above 9 per cent a couple of weeks ago. Even at 7 per ...


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