For Many in Greece, Austerity Is a False Choice (Published 2012)

Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. For the better part of six months now, mainstream politicians in Greece and their financial backers in northern Europe have threatened the country’s austerity-whipped citizens with a do-or-die proposition: suffer the short-term pain of government cutbacks or accept the longer-term

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“For whatever reason, the hard-liners in Europe are saying that we deserve it,” Mr. Hardouvelis said. “They have destroyed the political center here, and the possibility of creating another Hugo Chavez is not zero.