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George Papandreou: Greece got a sweet deal. What about the others? |
It’s a dilemma. When one country gets a sweeter deal, do others object to it on principle, complain about others breaking ranks… or seek the same advantageous terms for themselves?
The dilemma now faces some other countries over whether or not to seek the same kind of debt forgiveness that Greece now looks set to receive. The Greek deal marks a new phase of the sovereign debt crisis.
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