Greece: The Turning Point
July 26, 2015 - 3:16pm
Economist and journalist Anatole Kaletsky believes the Greek deal will work
Economist Anotole Kaletsky has not joined the Greek chorus bemoaning the recent deal between Athens and the EU. He is instead refreshingly optimistic that it was a good deal for both sides, and is sustainable.
...the main conditions now seem to be in place for a sustainable recovery in Greece. Conventional wisdom among economists and investors has a long record of failing to spot major turning points; so the near-universal belief today that Greece faces permanent depression is no reason to despair.
Here is the link to the full article on Project Syndicate:
