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New Greek Tragedy may be bad for Europe
The latest plan includes a direct subsidy to struggling borrowers who could benefit from restructured repayments partially guaranteed by the state
Turkish inflation rate jumps above 25% on lira weakness
Currency crisis this year has put acute upward pressure on prices
Global economic disaster will ensue if EU does to Italy what it did to Greece, says top Italian MP
Italy says it will move ahead with the budget in defiance of warnings by European Commission eurocrats