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Saturday, August 3, 2013

Greece Should Defy Its Gunboat Creditors

The IMF's latest report on Greece lays bares the country's grotesque situation, and exposes the charade of EMU policy. It states that public debt will reach 176 percent of GDP this year, despite the haircut already imposed on pension funds, insurers and sovereign wealth funds (Norway for instance) who loyally stood behind Greece after categorical assurances by EMU leaders that Europe ...

READ THE ORIGINAL POST AT www.greekherald.com