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Tag Archives: Latest in Greece

Greece Shuts Down Banks & Institutes Capital Controls: More Countries To Follow?

Christina Sarich | Greece just defaulted on its 1.6 billion international loans, even with a last minute deal with the IMF, becoming the first developed economy to default on a loan with the International Monetary Fund. The people of Greece have already undergone budget cuts to pensions and other social services, as well as numerous tax hikes, in order to try ...

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