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från The Guardian: Analyst Marc Ostwald of ADM Investors services reckons the measures in this bailout package are “infinitesimally worse” than the ones turned down in last Sunday’s referendum:
Indeed what is on the table as a deal highlights that: a) there is no long-term future for the Eurozone; b) the desire on the part of Eurozone creditor nations to completely destroy the Greek economy - it can certainly be asserted that this is indeed a worse deal than the 1919 Treaty of Versailles. |
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