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Friday, June 7, 2013

IMFs Mea Culpa on Austerity Met With Anger Vindication in Greece

In a vindication of those who challenged the harsh austerity conditions, the International Monetary Fund (IMF) issued a report on Wednesday acknowledging that "notable failures" were made in its bailout to Greece. But the admission is too little, too late for many Greeks who have suffered "an economic death spiral" at the hands of the crushing austerity policies dealt by the ...

READ THE ORIGINAL POST AT www.greekherald.com