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Friday, February 17, 2012

Zen Like Calm

A mood of "Zen like calm" appears to have settled upon the Greek bailout crisis. Ahead of Monday's Eurozone vote on the second bailout, the media reports that finance ministers apparently will approve the deal.

This despite the fact that Greece's public debt will fall to 129% of GDP The target set by the Troika being 120%).

As to whether this mood of calm continues to pervade during the weekend and on Monday; we shall see, this may just be the calm before the storm.

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