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Greece Focus Notes

21 March 2011
• Part Ι - March 11 EU Council takes solid steps to address the lingering sovereign debt crisis: Implications for Greece and other EMU-periphery economies
• Part II - Year-to-February state budget execution underperforms official targets • Part ΙΙΙ - EMU sovereign credit rating outlook deteriorates; IMF approved disbursement of Greece’s fourth loan tranche
• Part IV - Latest macro developments in Greece
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