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Daily Archives: August 31, 2013

Deputy FinMin Staikouras admits: “Greek debt is not sustainable”

SSSS-U-rrr-P-R-I-S-E! Greek deputy finance minister Christos Staikouras admitted that “the Greek debt is not sustainable and its relief will require negotiation.” In an interview to weekly Parapolitika, Staikouras said: “The public debt has been gaining strong increasing dynamics, whether in absolute levels or in relation to GDP, the debt is …

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RT report: “Debt Drama: Was whole Greek bailout deal a failure?” (video)

Stuck in recession, plagued by soaring unemployment and suicides – the Greek plight is dragging on, sending shivers across the EU. Greece is struggling to meet the conditions of its international lenders, who are pouring billions into the ailing economy. But when will the rescue package actually work? Or has …

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