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Who knows? Shortly after I started this thread, they cobbled together a half-solution that staved off the evil day for another few months. Now things are worse. The Greeks have a choice - either continue on the austerity route which has made such a mess of their country, or vote for a party whose plan is to strong-arm the EU/Troika/Germany into a better deal. Signs are that the EU just doesn't care though, and has written the whole country off. A Greek default is something the banks have time to plan for, unlike Lehman, so maybe, just maybe they could get away with it. Right now, Spain is the issue. Next week? Who knows.
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