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Recovery in Greece, Italy, Portugal and Spain is held back in part by structural barriers. Overcoming these requires …
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sustainability is not guaranteed and prudence will be needed to avoid future difficulties. A clean exit for Portugal is not …
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Greece, Portugal and Spain face a serious risk of external solvency due to their close to minus 100 percent of GDP net … exchange rates of Greece, Portugal and Spain have also either already adjusted or do not indicate significant appreciations …
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