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Greece's Bailouts End, but Its Prospects Still Look Grim



Athens

It took three bailouts, around €290 billion in loans from its European partners and the International Monetary Fund, countless nights of knife-edge negotiations, an avalanche of austerity, a collapse in output worse than America’s in the Great Depression, and three close brushes with an exit from the euro. On Monday Greece’s third bailout will conclude, and the country will no longer have to rely on its official creditors to finance itself.



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