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Thursday, June 6, 2013

IMF admits notable failures in 2010 Greece rescue

WASHINGTON (AFP) - The International Monetary Fund on Wednesday admitted to significant failures in the first Greek rescue that forced a second, larger bailout and left the country in a deep recession.However, the global lender placed much of the blame on its Greek and European partners, saying they were unprepared for the crisis and the harsh choices -- including a deep debt restructuring -- ...

READ THE ORIGINAL POST AT www.greekherald.com