Perspectives: No Blank ECB Check for Greece

AGI

americangerman.institute
Building a Smarter German-American Partnership

As the new Greek government begins to reconcile its populist message with the harsh realities of governing, AGI Business and Economics Director Alexander Privitera analyzes the implications for the euro. “Tsipras should have listened to the ECB president more carefully in recent weeks. Draghi made clear that given the junk status of Greek sovereign debt, without an internationally agreed bailout program, there could be no more money.”

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