Comment on The Greek crisis is dead. Long live the Greek crisis.

The Greek crisis is dead. Long live the Greek crisis.

Is Greece's long debt crisis finally at an end? Late last week, the eurozone hammered out an arrangement that will bring Greece's third bailout to a close. There will not be a fourth, and most everyone seems to think Greece's future debt repayments are relatively sustainable. Yields on Greek bonds fell, suggesting higher demand, while the country's stocks and equities rose.

 

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