The Greek economy has now suffered the longest recession of any advanced capitalist economy, overtaking the slump suffered by the US during the Great Depression in 1929.pic.twitter.com/85tyEY53lE
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On the other hand, the European institutions have continued to maintain a consistent hard line on debt repayment – both with Greece and beyond.
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On 20 August, the Greek government is scheduled to exit its IMF bailout programme, ending a series of three programmes that have run continuously since 2010.
Commentary from @moxenford and @AChryssogeloshttps://www.chathamhouse.org/expert/comment/greek-bailout-imf-and-europeans-diverge-lessons-learnt …
