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FT: Rich did not pull their weight during crisis

In an article in the Financial Times about Greek plans to seek an early exit from the bailout program, and the potential for snap elections in March, columnist Tony Barber addresses the true root of many of Greece’s problems: clientelist relationships and corruption.

Bank restructuring a must

The IMF has estimated that nearly three-quarters of euro zone banks need to significantly change their business models if they are to meet the demand for credit.

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