Half of Greece's dept is cut off and they're going for a referendum re austerity. I'm really no expert, but it looks like the EU has some serious problems to say the least.
Quote:
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The European Commission was rendered speechless last night, unable to react to George Papandreou?s dramatic choice to have Greece?s people vote on the country?s future in the euro zone.
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http://blogs.wsj.com/source/2011/11/...europe-aghast/