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Long-standing social ills undermine economic prospects

Everyone in the government's financial staff is touting their belief in a rebound after ten years of memoranda and the subsequent pummeling brought on by the pandemic. The recent oversubscribed exit to markets and the upgrade of the country's ratings by agencies has bolstered this optimism. But since the Greek people have undergone a host of trials and tribulations one has every right to feel apprehensive about any “good news” being peddled by politicians.

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