Time for common sense on Greece

Commentary feature. The question is, would a Greek default be enough to return the economy to health? The author strongly doubts it. The country seems too uncompetitive for that. A default is a necessary, but not a sufficient, condition for a return to economic health.

ESO: Background information: The eurozone’s journey to defaults http://www.europeansources.info/record/the-eurozones-journey-to-defaults/

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