July 20th, 2015

Germany, Greece, and the Future of Europe

Economics & Politics

NEW YORK – I have been helping countries to overcome financial crises for 30 years, and have studied the economic crises of the twentieth century as background to my advisory work. In all crises, there is an inherent imbalance of power between creditor and debtor. Successful crisis management therefore depends on the creditor’s wisdom. In this regard, I strongly urge Germany to rethink its approach to Greece.

Read the full article at Project Syndicate or download the PDF here.

 

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