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Tuesday, June 30, 2015

IMF: austerity measures would still leave Greece with unsustainable debt

http://www.theguardian.com/business/2015/jun/30/greek-debt-troika-analysis-says-significant-concessions-still-needed

Secret documents show creditors’ baseline estimate puts debt at 118% of GDP in 2030, even if it signs up to all tax and spending reforms demanded by troika

Ahh secret   documents after the fact, how convenient .

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