The Greek Referendum: A New Battle of Marathon

The historical resonance, significance and challenges of ‘no’ on July 5th

Some commentators have compared the victory of the "Oxi" at the Greek referendum of July 5th to a Pyrrhic victory, implying that while the anti-austerity camp won this battle, it is doomed to lose the war, strangled by the insurmountable economic difficulties caused by the lack of liquidity. Others have ...

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