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Monday, February 16, 2015

A deal is needed before problems grow

The newly-elected Greek government has managed to infuriate some of its eurozone partners with its defiant stance on the EU/IMF bailout, but has also won over the hearts of the vast majority of Greeks, according to opinion polls. If certain government officials are right, there will be an agreement in principle at Monday’s Eurogroup, providing respite to the economy and vindicating the government’s tough tactics. Even so, the country’s economic problems cannot be wished away.


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