The European Commission said on Tuesday it would endorse
Athens' plan to bring back under control the public sector deficit, which last year reached almost 13 per cent of gross domestic product. ... It's clearly necessary in the long term that
Greece get it's fiscal house in order, but since they're in such a severe recession, this isn't really the
time to do it (financial market pressure aside). This is, in essence, the same debate that is gripping America, ...
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