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In four years, the country has gone from the European Union’s worst economic disaster zone to a model of what is being hailed as the healing properties of deep budget cuts.

New yorkUnited statesUnited kingdomCity ofDaniels pavlutsPeteris krigersMihails hazansMorten hansenJuris calitisMarika timmaChristine lagardeAndrea bruceValdis dombrovskisDidzis kruminsAlf vanagsStockholm school of economics