Can Greece's election fulfil the dream of a productive economy?
Greeks go to the polls today with a choice between social justice and a productive and competitive economy.
The last time Greeks elected a party with great enthusiasm was October 2009, when George Papandreou led his Panhellenic Socialist Movement (Pasok) to an unexpected 44% win.
Then came Greece’s effective bankruptcy and three emergency loans from the International Monetary Fund and European Union institutions. Those carried austere terms to balance the budget, which was 36bn euros in deficit - 15.4% of GDP - and their implementation caused a depression. Greece lost a quarter of its GDP.
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