{"id":2346,"date":"2011-09-14T10:37:13","date_gmt":"2011-09-14T08:37:13","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=2346"},"modified":"2011-09-14T10:37:13","modified_gmt":"2011-09-14T08:37:13","slug":"limiting-the-damage-of-a-greek-default","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/limiting-the-damage-of-a-greek-default\/","title":{"rendered":"Limiting the Damage of a Greek Default"},"content":{"rendered":"<h3><a href=\"http:\/\/online.wsj.com\/search\/term.html?KEYWORDS=SIMON+NIXON&amp;bylinesearch=true\" target=\"_blank\">Nixon, Simon<\/a>.<\/h3>\n<p>The euro zone is running out of road. Greece&#8217;s budget problems have spun  out of control to the point where there is an imminent threat to the  survival of the single currency. The euro zone&#8217;s strategy until now\u2014a  mixture of obfuscation, prevarication and broken promises\u2014has  comprehensively failed. The market now regards a Greek default as  inevitable and unless the euro zone starts to take decisive action to  prepare for this outcome, what little confidence remains in the currency  block will evaporate.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae:<\/strong> The Wall Street Journal<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424053111904353504576568922733702618.html\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nixon, Simon. The euro zone is running out of road. Greece&#8217;s budget problems have spun out of control to the point where there is an imminent threat to the survival of the single currency. The euro zone&#8217;s strategy until now\u2014a mixture of obfuscation, prevarication and broken promises\u2014has comprehensively failed. The market now regards a Greek [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,37],"tags":[26,25,27],"class_list":["post-2346","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-25","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2346","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=2346"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2346\/revisions"}],"predecessor-version":[{"id":2347,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/2346\/revisions\/2347"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=2346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=2346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=2346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}