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Wednesday, February 22, 2012

''Will Greece Need a Third Bailout?''

"The rescue packages from the Troika of the European Union-International Monetary Fund-European Central Bank come with conditions of deep austerity measures that have created a recession of 20.9 percent unemployment and the closing of more than 111,000 businesses, and many analysts say the second deal will just cause more of the same, and that Greece won’t be able to make the structural reforms nor privatize state assets fast enough to slow its slide toward economic failure."


from greek reporter...



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