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Director / Editor: Victor Teboul, Ph.D.
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Greek Lawmakers Debate New Austerity

Greek lawmakers are set to vote Wednesday on tough new austerity measures demanded by Athens' lenders in exchange for a new bailout, even as one of its creditors, the International Monetary Fund, warned that Athens' debt is "highly unsustainable." The IMF predicted that Greece's fortunes will worsen in the next two years, with its debt reaching close to twice that of its national economic product. It said the Greek debt, now tens of billions of dollars, could...


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