Economics
Samaras’s Exit Plan Lacks Backing From Economists
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Antonis Samaras’s plan for Greece to exit its bailout early is crumbling in the face of a market rejection. Economists say it might not have been such a good idea anyway.
Eighty-five percent of respondents to a Bloomberg News survey said the prime minister’s proposal didn’t make economic sense, partly because of Mario Draghi’s insistence that junk-rated countries must remain under some kind of surveillance program to benefit from new European Central Bank measures.