Policy Research in Macroeconomics

Will Greece default on its debts?

Ann Pettifor appeared on Al Jazeera’s ‘Inside Story’ yesterday to discuss Greece. Ann was joined by Greek Journalist Matina Stavis and Political Analyst George Kapopoulos. During the panel discussion Ann stated that:

“The Troika are trying to ensure that the money goes straight to the creditors to prevent Greece from defaulting, but in doing so they are stripping Greece of her economic and political sovereignty. They hope to stabilise the situation and make sure that the bankers and hedge funds get paid, and that pensioners and the poor don’t take priority over them.”

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