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Greek crisis: How Greece became Europe’s fault line

Greece’s membership of the euro is now in doubt. How did it come to this?

©Michael Debets/Pacific Press/ABACAPRESS.COM

They may be enduring an economic hardship unknown in advanced economies in modern times and be limited to withdrawing €60 a day from their banks, but nothing was going to deter the OXI (NO) voters from having their party in Athens’ Syntagma Square after the Greek referendum. With over 61 per cent of the vote, they gave strong support to their government’s refusal to subscribe to loan conditions it had accepted the previous week. This detail was lost, though, in a crowd that…

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