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Europe
Wake-up call for Greek economy
Living on borrowed money and EU subsidies has created huge financial problems for nation.
Last Modified: 12 Feb 2010 18:54 GMT

The European Union and International Monetary Fund is pledging to support Greece, as Athens struggles to get a grip on its finances.

Many people argue that a country that lived on borrowed money and EU subsidies for so long is now facing a reality check.

Barnaby Phillips looks at how Greece ended up in its current financial predicament.

Source:
Al Jazeera
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