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Sunday, June 7, 2015

Short-term deal may save the economy

An agreement between Athens and the institutions that will kick the can down the road may offer a brief respite but will not provide a lasting solution to the Greek crisis. Nevertheless, it may be the only realistic way forward to avert an even worse outcome if the creditors and the government cannot find some common ground. As always, time is not on Greece’s side as the economy deteriorates and deposit outflows continue.


READ THE ORIGINAL POST AT www.ekathimerini.com