Faculty News

In an op-ed, Professor Nicholas Economides points to several obstacles preventing Greece from reaching a deal with its creditors

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Excerpt from Fortune -- "There are very significant hurdles to an agreement: it has to be done very quickly between parties that do not trust each other; it has to be ratified by all 19 countries; and its ratification by the 19 parliaments of the eurozone countries can take weeks. ... If there is no agreement, Greece will be the first country to leave the 'club with no doors,' the eurozone. Greece may also leave the European Union, and its geopolitical position may become uncertain."

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