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Thursday, July 16, 2015

Bailout Bill Passed But Crisis Is Far From Over

The Prime Minister, Alexis Tsipras, says he does not even believe in the deal and he claims he was "blackmailed" into agreeing to the measures in Brussels. Many economists agree with the IMF analysis that the size of Greece's debt could crush the country's chances of growth if some form of debt relief (a haircut) is not introduced - but politically that is poison for the electorates of the other eurozone nations.


READ THE ORIGINAL POST AT uk.news.yahoo.com