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The impact on ordinary people of the financial crash, and of the fantasy economics that followed it in Greece, cannot be overstated. Household disposable income was reduced – on average – by 40 per cent. Greece suffered the longest recession of any advanced economy, ever.

As Greece approaches a pivotal and tightly contested election, the international community watches with bated breath. The stakes have never been higher, as the progress achieved under the New Democracy government faces potential derailment, with the far-left Syriza party seeking a return to power.