Greece: Mulligan Election, Mulligan Economy

By Austin Bay - May 23, 2012

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Greece wants two mulligans -- like a golfer demanding second chance, a do-over tee shot, times two. The immediate and obvious mulligan is a new national election. The teed-off Greek electorate teed up on May 6, but fractious voters produced a scattershot result. No single party achieved a parliamentary majority. The leaders of Greece's three largest political parties subsequently failed to form a...

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