Will Greece Make It?
Greece has bought some time with a new package of financial support, but it remains to be seen whether the Greek government's promise of souped-up austerity policies will be politically acceptable and sustainable. History suggests some grounds for skepticism.
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CAMBRIDGE – Greece has bought some time with a new package of financial support, but the country is not out of the woods yet. It remains to be seen whether the souped-up austerity policies that Prime Minister George Papandreou’s government has promised will prove to be politically acceptable and sustainable.