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Part I – Latest on the euro area debt crisis and what to expect in the weeks ahead
• Eurozone to boost IMF bailout funds by €150bn; Merkel, Sarkozy to meet in Berlin on January 9• EZ periphery sovereign debt spreads kick off the New Year at elevated levels; euro area liquidity conditions remain tight, despite huge participation in ECB’s 3-year refinancing tenderPart II – Focus Greece: latest macro and political developments• The crucial three months ahead
• Overshooting risks to the 2011 deficit target