Media Releases

Greece defaults on IMF loan. Now what?

July 2, 2015

CBC News (Online) | July 1, 2015

The finan­cial cri­sis unfold­ing in Greece is unprece­dent­ed, and few experts are pre­pared to spec­u­late on just what might hap­pen next now that the coun­try has default­ed on one of its many size­able debts.“We’re now into ter­ri­to­ry that no one has a map for and there are no instruc­tions for, and, you know, [that] no one has a very good plan for,” and Phil Tri­adafilopou­los, an asso­ciate pro­fes­sor of polit­i­cal sci­ence at the Uni­ver­si­ty of Toron­to. Read more