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Charles Wyplosz

The Anti-Debt-Relief Crowd Is Wrong on Greece

On the very day Germans voted for a new government last month, a team from Greece’s international creditors was visiting Athens amid the widespread expectation that a new aid package would be needed, including debt relief.

The International Monetary Fund has said so, and even Germany’s austerity-minded finance minister, Wolfgang Schaeuble, acknowledged in the heat of the election campaign that Greece will need more help.