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Monday, February 06, 2012

Juncker's Greek Ultimatum

Euro Group President, Jean-Claude Juncker, is quoted in Der Spiegel:

"If we were to conclude that everything is going wrong in Greece, then there won't be any new aid program, which would mean that Greece will have to declare bankruptcy in March."

Those who know how Juncker thinks and operates, know that for him to talk about a Greek default means that it's already been decided as inevitable.

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