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» » Greece financial crisis: repayments interests cripple economy




Greece financial crisis: repayments interests cripple economy The country had to borrow $360bn from the International Monetary Fund and other members of the eurozone. The largest sovereign bailout in history has prevented Greece from going bankrupt over the past eight years. The large repayments on the interest alone have crippled the economy, and austerity measures have caused suffering for millions. So where has the bailout money gone? Al Jazeera’s John Psaropoulos reports from Athens on the consequences of having such debt.






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