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Tag Archives: GREXIT-plan

German Ifo Institute: Temporary return to Drachma, Unconditional Debt Relief

Germans have the solution to Greek Debt crisis: temporary return to Drachma and unconditional debt relief. The idea comes from Austrian economist Gabriel Felbermayr, Director of Foreign Economy Department at conservative think-tank Ifo (Institute for Economic Research) is a Munich-based research institution and one of Germany’s largest economic think-tanks. In …

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“Grexit” a la Schaeuble was a real option for Merkel after Referendum on July 5th

A “Temporary Grexit” a la Schaeuble was a real option for Greece’s Euro-partners after the Referendum on July 5th 2015.  German Chancellor Angela Merkel reportedly brought up the issue in conversation with French President Francois Hollande on July 6th, just one day after the Referendum took place. Hollande rejected Merkel’s …

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