There is no good alternative to helping the Greeks in the task before them, writes Mark Mazower
Greeces parliament this week approved reforms to the countrys creaking pensions and tax system by a larger margin than had been anticipated. But significant differences remain, notably on how large a primary budget surplus should be targeted over the next few years, and above all on the question of debt relief. The disagreement between the International Monetary Fund and European governments on the latter point has come into the open. On this, the IMF is right and those Europeans who oppose relief are wrong: there can be no solution to the Greek crisis without it….
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