NEGOTIATING DEADLOCK AND INSISTENCE ON AUSTERITY POLICIES FURTHER UNDERMINE GREEK ECONOMY, NEW LEVY REPORT SAYS
Alternative Financing Sources Such as Zero-Coupon Bonds (“Geuros”) and Fiscal Credit Certificates Could Stimulate and Restore Faith in Greek Economy, but Only if Debt Is Rolled Over and Harsh Austerity Measures Put Aside ANNANDALE-ON-HUDSON, N.Y.— More than four months into negotiations, and with a default and potential exit from the European Union looming for Greece, …