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The Greek debt crisis: The ECB’s three big mistakes

Jeffrey Frankel, 16 May 2011

It is a year since Greece was bailed out by EU and IMF and there are many who label it a failure. This column says that while there is plenty of blame to go around, there were three big mistakes made by the European Central Bank. Number one: Letting Greece join the euro in the first place

Full Article: The Greek debt crisis: The ECB’s three big mistakes
Reposted from02myEcon-01 02myEcon-01

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