Germany Can Throw Greece a Lifeline

Germany Can Throw Greece a Lifeline

Germany has sent the message that a Greek exit from the eurozone might be the lesser of two evils. It has been interpreted as a warning to the Greek electorate ahead of its January 25 election as left-wing party Syriza runs on a platform of easing the country’s debt and austerity burden. Whether Berlin is successful in this effort or not, debt is the sword of Damocles that will hang above the head of the next Greek government.

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