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Tuesday, June 11, 2013

On the IMF?s big fat Greek woulda-shoulda-coulda

By Megan Greene* takes a big person to acknowledge he was wrong, and the International Monetary Fund has now repeatedly admitted to the failure of its euro-area rescue policies.In its latest mea culpa last week, the Washington-based lender released a 50-page critique of the Greek bailout program it devised in 2010, together with the European Commission and the European Central Bank. The ...

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