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The desire to blame Greece for the eurocrisis ensures that the Greek people pay the price, while the elites responsible get away free.

The desire to blame Greece for the eurocrisis ensures that the Greek people pay the price, while the elites responsible get away free. | European Political Economy | Scoop.it

In the first of two articles on the Greek crisis as a ‘trope’, Daniel M. Knight writes that Greece now finds itself subject to a narrative of blame from the countries of the European north, with the Greek people portrayed as the cause of the eurozone crisis, rather than as victims. He argues that this narrative, alongside new waves of austerity, is helping to create a tangible sense of destitution and persecution among the Greek people.

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One of the best things I have read on the eurozone crisis

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Greece’s Ex-Finance Minister Tells All

Greece’s Ex-Finance Minister Tells All | European Political Economy | Scoop.it
How Yanis Varoufakis took on Europe—and failed.
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Great profile of his time as MoF

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Greece disqualified from new IMF bailout, board told - FT.com

Greece disqualified from new IMF bailout, board told - FT.com | European Political Economy | Scoop.it
The International Monetary Fund’s board has been told Athens’ high debt levels and poor record of implementing reforms disqualify Greece from a third IMF bailout of the country, raising new questions over whether the fund will join the EU’s latest
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IMF reveals its list of priorities for Greek bailout negotiations

IMF reveals its list of priorities for Greek bailout negotiations | European Political Economy | Scoop.it
In its Article IV Consultation with the eurozone, the International Monetary Fund identifies contagion from events in Greece as a downside risk next to a number of factors ranging from geopolitical tensions and market volatility to slowdown in emerging markets and asymmetric monetary policy.
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Costas Lapavitsas: Exit is the only strategy for the Greek people

Costas Lapavitsas: Exit is the only strategy for the Greek people | European Political Economy | Scoop.it
In a talk in Athens on Friday, Costas Lapavitsas, Syriza MP and Professor of Economics at SOAS, appealed to Syriza and the Greek people to recognise the impossibility of achieving change from within the Eurozone. The EMU, he argued, is not a moral or ideological union but "an institutional mechanism ... a hierarchical body that works in the interests of big business and of a few countries within it." He continued: That's what the left has failed to recognize in Europe and in Greece. The mech
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Varoufakis unplugged: the London call transcript

Varoufakis unplugged: the London call transcript | European Political Economy | Scoop.it
The London-based Official Monetary and Financial Institutions Forum, headed by two ex-Financial Times scribes – chairman John Plender and managing director David Marsh – on Monday released a 24-minute audiotape of a teleconference they held nearly two weeks ago with Yanis Varoufakis, the former Greek finance minister. Details of the call were first revealed by the Greek daily Kathimerini, and much of most sensational revelations Varoufakis made were about a surreptitious project he and a small t
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Renewed bailout talks between Greece and creditors hit snags - FT.com

Renewed bailout talks between Greece and creditors hit snags - FT.com | European Political Economy | Scoop.it
Talks to agree a new €86bn bailout for Greece ran into trouble on Friday after Athens raised hurdles for negotiators in the Greek capital, forcing them to postpone their arrival amid renewed acrimony. Alexis Tsipras, the Greek prime minister, agreed
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Bank debt investors eye Greek resolution - FT.com

Bank debt investors eye Greek resolution - FT.com | European Political Economy | Scoop.it
Greece’s parliament on Thursday approved a European directive governing ways to support the country’s struggling banks, as part of reforms required to secure a third bailout from the EU. The EU’s Bank Recovery and Resolution Directive is part of a
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Ready..Set...Vote! 977 pages in 36 hours

Ready..Set...Vote! 977 pages in 36 hours | European Political Economy | Scoop.it
Ahead of the creditors deadline, parliamentarians received late on Monday the second legislative package of ‘prior actions’ which they are due to vote on Wednesday 22 July.
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Businesses warn of closures as capital controls choke supplies |thetoc.gr

Businesses warn of closures as capital controls choke supplies |thetoc.gr | European Political Economy | Scoop.it
A wave of companies could be forced out of business within weeks because of restrictions on foreign transfers, persisting even after banks reopened this week.
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Greek maritime industry fears being punished for its success - FT.com

Greek maritime industry fears being punished for its success - FT.com | European Political Economy | Scoop.it
On the wall of his office overlooking Piraeus’ busy port, George Xiradakis has mounted the weathered bow of his mother’s fishing boat, while underneath sits a faded image of her hauling a sensational catch: a 23kg grouper. To Mr Xiradakis, a
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Alexis Tsipras wins vote backing Greece bailout - FT.com

Alexis Tsipras wins vote backing Greece bailout - FT.com | European Political Economy | Scoop.it
Greece’s parliament on Thursday backed a slew of fresh austerity measures demanded by the country’s creditors, clearing the way for talks to begin on a fresh €86bn bailout package to prevent the country crashing out of the eurozone. But a rebellion
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The Real Plan B: The New Greek Marathon

The Real Plan B: The New Greek Marathon | European Political Economy | Scoop.it
In the face of being excluded from desperately needed funds and the threat of being kicked out of the European Union, the Greek parliament has now voted to accept the Troika memorandum. The Greek Prime Minister Alexis Tsipras acknowledged -- unlike social democrats choosing to implement neoliberalism as part of their ‘modernization‘ -- that this was ‘a bad deal’ forced on the Greeks.
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Gindin and Panitch: using solidarity networks to create alternatives.

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[Commentary] | Greece, Europe, and the United States, by James K. Galbraith | Harper's Magazine

[Commentary] | Greece, Europe, and the United States, by James K. Galbraith | Harper's Magazine | European Political Economy | Scoop.it
“A progressive Europe—the Europe of sustainable growth and social cohesion—would be one thing. The gridlocked, reactionary, petty, and vicious Europe that actually exists is another. It cannot and should not last for very long.”
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Something is rotten in the eurozone kingdom - FT.com

Something is rotten in the eurozone kingdom - FT.com | European Political Economy | Scoop.it
A paradox lurks in the foundations of the eurozone. Governments in the monetary union lack a central bank that has their back, while the central bank lacks a government to support it. This paradox cannot be eliminated without fundamental
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By Varoukfakis

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Brussels rejects Yanis Varoufakis' claims that troika controlled Greek tax system

Brussels rejects Yanis Varoufakis' claims that troika controlled Greek tax system | European Political Economy | Scoop.it
Allegations of covert scheme described as ‘simply not true’ by European commission as Alexis Tsipras looks to conclude third bailout deal with creditors
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Europe braces itself for a revolutionary Leftist backlash after Greece

Europe braces itself for a revolutionary Leftist backlash after Greece | European Political Economy | Scoop.it
Athens' ritual humiliation was a cautionary tale for Leftists in the Mediterranean but it won't be enough to kill them off just yet
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The great Greece fire sale

The great Greece fire sale | European Political Economy | Scoop.it
Greece needs to sell off €50bn worth of state assets such as airports and marinas quickly as part of its third bailout deal. But is such a plan realistic?
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Yanis Varoufakis defends ‘Plan B’ tax hack - FT.com

Yanis Varoufakis defends ‘Plan B’ tax hack - FT.com | European Political Economy | Scoop.it
Yanis Varoufakis has insisted he did nothing improper as part of a five-month clandestine project he ran as Greek finance minister that prepared for his country’s possible exit from the euro. The scheme, which was almost completed but not fully
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Syriza’s covert plot during crisis talks to return to drachma - FT.com

Syriza’s covert plot during crisis talks to return to drachma - FT.com | European Political Economy | Scoop.it
Arresting the central bank’s governor. Emptying its vaults. Appealing to Moscow for help. These were the elements of a covert plan to return Greece to the drachma hatched by members of the Left Platform faction of Greece’s governing Syriza party.
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Left Platform plan.

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Tsipras secures backing of Greek MPs for crucial reforms - FT.com

Tsipras secures backing of Greek MPs for crucial reforms - FT.com | European Political Economy | Scoop.it
The Greek parliament backed a second round of reforms demanded by creditors early on Thursday but the vote revealed a deepening rift in the radical leftwing Syriza party of Alexis Tsipras, the prime minister. A draft law setting up a new civil
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Varoufakis: Why I voted NO

Varoufakis: Why I voted NO | European Political Economy | Scoop.it
In an article which was published on Saturday in EfSyn, the former Finance Minister, Y.Varoufakis attempts to explain the reasons why he voted ΄no΄ to the
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Angela Merkel wins German parliament’s backing for Greece bailout - FT.com

Angela Merkel wins German parliament’s backing for Greece bailout - FT.com | European Political Economy | Scoop.it
German chancellor Angela Merkel on Friday won backing from the country’s parliament to open negotiations on a €86bn Greece rescue plan, despite an embarrassing revolt by her conservative supporters. The vote passed by 439 to 119, with 40 abstentions
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Draghi affirms faith in Greece’s place in euro - FT.com

Draghi affirms faith in Greece’s place in euro - FT.com | European Political Economy | Scoop.it
Greece enjoyed the first relief it has tasted in months of crisis yesterday when it won a fresh cash lifeline for its teetering financial sector and emergency funding to save it from a default that would eject it from the eurozone. Mario Draghi,
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Portugal on Road to Recovery Post-Bailout, But Scars Remain

Portugal on Road to Recovery Post-Bailout, But Scars Remain | European Political Economy | Scoop.it
Some parts of the economy are doing better after years of austerity. But the benefits have yet to reach many of Portugal’s 10 million people.
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WSJ’s Interview With Jeroen Dijsselbloem: The Full Transcript

WSJ’s Interview With Jeroen Dijsselbloem: The Full Transcript | European Political Economy | Scoop.it
Here is the full transcript of The Wall Street Journal’s interview with Jeroen Dijsselbloem—Dutch finance chief and president of the eurozone finance ministers’ group—on the race to pull together a Greek rescue.
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