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In Athens, Helena Smith has been speaking to officials, and reports: The report confirms what Greek officials have long said: that the first bailout of uncompromising budget cuts and tax increases, the price of €110bn in emergency funds in May 2010, was the wrong prescription for a country not only batting a monumental debt load but rampant tax evasion and a flourishing black economy.
The report confirms what Greek officials have long said: that the first bailout of uncompromising budget cuts and tax increases, the price of 110 bn euro in emergency funds in May 2010, was the wrong prescription for a country not only batting a monumental debt load but rampant tax evasion and a flourishing black economy.
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"Is it budget cuts?
Greece readies further budget cuts.
Budget cuts catalyze self-interest.
Because of budget cuts.
"Budget cuts?" he said.
Through more budget cuts?
She wants budget cuts.
"Am I upset about the budget cuts?
@NewarkFireDept, watch out for budget cuts!
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