{"id":3595,"date":"2012-03-05T22:14:18","date_gmt":"2012-03-05T20:14:18","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=3595"},"modified":"2012-03-05T22:14:18","modified_gmt":"2012-03-05T20:14:18","slug":"greece%e2%80%99s-soft-budgets-in-hard-times","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/greece%e2%80%99s-soft-budgets-in-hard-times\/","title":{"rendered":"Greece\u2019s Soft Budgets in Hard Times"},"content":{"rendered":"<p><a dir=\"ltr\" lang=\"en\" xml:lang=\"en\" rel=\"author\" href=\"http:\/\/www.project-syndicate.org\/contributor\/483\" target=\"_blank\">Gros Daniel<\/a>.<\/p>\n<p>The first <em>de facto<\/em> default of a country classified as \u201cdeveloped\u201d has now taken place, with private international creditors \u201cvoluntarily\u201d accepting a \u201chaircut\u201d of more than 50% on their claims on the Greek government. As a result, Greece now owes very little to private foreign creditors.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>Project Syndicate<\/p>\n<p><a href=\"http:\/\/www.project-syndicate.org\/commentary\/gros33\/English\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gros Daniel. The first de facto default of a country classified as \u201cdeveloped\u201d has now taken place, with private international creditors \u201cvoluntarily\u201d accepting a \u201chaircut\u201d of more than 50% on their claims on the Greek government. As a result, Greece now owes very little to private foreign creditors. \u03a0\u03b7\u03b3\u03ae: Project Syndicate \u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/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":[26,27],"class_list":["post-3595","post","type-post","status-publish","format-standard","hentry","category-18","category-37","tag-26","tag-27"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3595","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=3595"}],"version-history":[{"count":1,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3595\/revisions"}],"predecessor-version":[{"id":3596,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/3595\/revisions\/3596"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=3595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=3595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=3595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}