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News Link • European Union

Greek debt default time-bomb bringing trouble to paradise!

• The Economic Spy
Trouble in paradise! The Greek debt crisis is nearing the next hurdle as it appears that there will be unprecedented outside involvement in the management of the country in exchange for an infusion of more international funds. This management involvement would take the form of tax collection and the privatization of government assets. Between now and the end of 2013 it is estimated that Greece will need an additional $86 – $100 billion...

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