Greek referendum on the bailout: Good idea!

posted by
November 3, 2011
Independent Institute
by Randall Holcombe  
Posted in Commentary

"After EU leaders agreed on a new bailout plan for Greece, Greek Prime Minister George Papandreou has called for a national referendum on the plan, which has appeared to upset the EU leaders who crafted the bailout, and financial markets reacting to the uncertainty. Why? The people with the most at stake are the Greeks, and the referendum seems to have only beneficial consequences for everyone else." (11/02/11)  

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