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Friday, August 23, 2013

IMF admits it misjudged impact of austerity on Greece

The IMF admitted for a second time in almost as many months that it had misjudged the effect of austerity on a country that has been mired in recession for six years. In June, the IMF said that it had miscalculated the so-called “fiscal ...

READ THE ORIGINAL POST AT www.telegraph.co.uk