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What would you prescribe as "progressive" policy in the case of Greece now?
How does the current turn towards pan-european austerity affect things in Greece if at all?
It means that you're screwed.
Would a significant depreciation of the Euro help Greece and the South create trade surpluses and export themselves out of big deficits?
No. Your trade imbalance is with the core -zone members, not with economies outside the -zone.
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