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Greece Saved For Now – Is Portugal Next?

By Peter Boone and Simon Johnson The Europeans announced Sunday they would provide 30 billion euros of assistance to Greece, amid informed rumors that the IMF will offer another 10-15 billion.  With a...

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The Next Global Problem: Portugal

By Peter Boone and Simon Johnson The bailout of Greece, while still not fully consummated, has brought an eerie calm in European financial markets.  It is, for sure, a massive bailout by historical...

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