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Greek practical bankruptcy due to restructuring the huge debt of the state is unavoidable, in spite of the austerity measures for cutting budget expenses, which the government undertook.” An authoritative economist made this comment on Sunday.
“For me it is unavoidable”, New York University professor Nouriel Roubini said in an interview for Kathimerini newspaper.
“If you want don’t call it bankruptcy, but restructuring under pressure”, he stated.
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