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Posted Feb 13, 2015 by Martin Armstrong
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Politicians are the same everywhere. The new Greek government will now negotiate but they will not by any means do so with the hated Troika. Instead, they will only negotiate with the representatives of the EU, the ECB and the IMF (= sum in the Troika). They will negotiate restructuring Greek debt. That means a haircut for Greek debt holders.
Categories: Uncategorized