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In Greece’s Wartime Economy, Tsipras Claims Mantle of Stability

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Rarely has a prime minister overseen so much financial destruction in so little time while tightening his grip on power.

After winning an election on a wave of populism in January, Greece’s Alexis Tsipras finds himself running a country in a state of economic emergency. His government rations money to the parts of society that need it most; bank stocks have collapsed more than 60 percent in three days; and some officials fret that Greece is still one accident away from leaving the euro.