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Greek debt crisis: Tsipras, Syriza and the eurozone showdown

Comment and analysis on the twists, turns and crucial questions

By Prospect Team  

Greece's Prime Minister Alexis Tsipras appears to have salvaged his country's financial future ©AP Photo/Petros Karadjias)

“Drama?” “tragedy?” draw your own classical metaphor—whatever you call it, Greece’s debt crisis has been a remarkable political showdown. The polarising debate between austerity and reinvestment has never been more important or clear cut as in the negotiations between the left-wing Syriza party, eurozone leaders and Greece’s creditors. For the first time in history, a developed country has defaulted on its debt to the IMF. With a Brexit referendum on the horizon and the British left in turmoil, all sides…

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