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Ilias Makris: Scent of bankruptcy

Scent of bankruptcy – Ilias Makris
I Kathimerini (Athens)

"Restructuring, no restructuring, restructuring, no restructuring, restructuring..."

"Still a long way to go..."

Officially, Greek PM George Papandreou and his Finance minister George Papaconstantinou are denying rumours of the restructuring of the national debt. Following the announcement of a new austerity plan, however, such a scenario is looking increasingly probable.