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Cash that could have softened austerity

In the fall of 2013, an International Monetary Fund official stunned a number of Greek officials from state entities and ministries in central Athens by telling them that, according to his calculations, the general government must have had a liquidity surplus. At the time, nobody suspected it.

Austerity was the EPP’s policy, not ours, says Bullman

Udo Bullman, the head of the Socialists and Democrats group in the European Parliament, on Tuesday drew a clear line between the S&D and the European Peoples' Party (EPPA), while noting that austerity was a policy "of the right-wing…

Costas Simitis: Tsipras’ end of austerity a fairy tale

Former Greek prime minister Costas Simitis, addressing the Delphi Economic Forum on Friday, dismissed claims made by Prime Minister Alexis Tsipras that Greece will be free to implement its own programme and end austerity in August 2018,…