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Tag Archives: state bankrupt

Greece: Officially Bankrupt! What people say to EU/IMF bailout

PM Papandreou iin Castelorizo Greece: Officially Bankrupt! Bailout Plea from EU/IMF It took PM George Papandreou several hundred miles to travel to the fringe and picturesque island of Castelorizo, near Turkey, to make the long-expected rescue appeal for the Greek bankrupt economy. Greece admits, it is now officially bankrupt, unable …

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