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Thursday, February 9, 2012

Europe angry with Greece's broken promises

Taxes go uncollected, deficit targets are routinely missed, job cuts from the state payroll are postponed, privatizations have barely begun and pharmacies are still shut in the middle of the day.

Nearly two years into Greece's bailout, so many promises have been broken that international lenders have largely lost faith in the country's will to reform itself and are torn between imposing stricter outside control and cutting Athens loose.

European Union partners and International Monetary Fund officials negotiating a second financial rescue for the euro zone's most indebted state say they are tired of asking for the same measures to be agreed or implemented, again and again.

ORIGINAL SOURCE
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