Jayati Ghosh: 'Greece is Nearing the Endgame'

30 May 2012

Email this page   
A+ A= A-
    Print this page      0 comments
0
     

Greece is nearing the endgame, contends internationally acclaimed economist, Professor Jayati Ghosh of the Jawaharlal Nehru University in New Delhi, India - but it could still go either way, as the recent politics of Europe suggest that there might be a wider attempt to change the austerity policies of the region, which people all over Europe are voting against.

If it continues with the implementation of austerity measures, Greece can't stay in the Eurozone and be competitive. So the country has become a signal for the future of the Eurozone. If Greece leaves, Portugal, Ireland, Spain and even Italy are next in line, she argues. Now its a question of who blinks first, says Ghosh.

© Newsclick

You can find this page online at http://sacsis.org.za/site/article/1315.

Email this page   
A+ A= A-
    Print this page      0 comments
0
     

Leave A Comment

Posts by unregistered readers are moderated. Posts by registered readers are published immediately. Why wait? Register now or log in!