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About Nina Treu

Blog • 14.09.2015

An economic turnaround for Greece – and the whole of Europe

Oxi

By: Nina Treu

By Nina Treu According to recent calculations by the Macroeconomic Policy Institute the Euro-crisis has cost Greece almost a quarter of its GDP. This is the biggest ever recorded contraction of an economy in times of peace. It would be cynical to consider this an example for degrowth (or postgrowth) in Europe. This is certainly not the case. On the contrary, the mission statement of the degrow...