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21 September 2015updated 09 Sep 2021 2:43pm

Q&A: Thomas Piketty on Greece’s shock election result

In the wake of the re-election of Alexis Tsipras, Thomas Piketty answers questions on what happens next.

By Thomas Piketty

The Tsipras victory has come as a surprise to some. What has changed for Greece?

Normally, we would expect some stability in the coming years. But above all, Greece and Europe need to make up for lost time. Until now, Europe has obstinately refused to talk seriously about restructuring Greece’s debt. That was what caused the downfall of the last government.

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