Greece and the euro. Athenian dances / Greece’s budget crisis. Papandreou tries to prop up the pillars

Editorial argues that urgent measures must be taken by Greece - called the most profligate eurozone member of all. However, the prime minister's promises of fiscal austerity have not convinced the markets.

ESO: Background information: EU calls for Greece to make bigger cuts http://www.europeansources.info/record/eu-calls-for-greece-to-make-bigger-cuts/

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