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Whatever comes of the latest bailout plan for Greece, it may not be enough to save the country's economy, a new report from the International Monetary Fund says.
The IMF says Greece is so saddled with debt that it probably can't turn its economy around for years — even if it does everything its creditors want. The IMF wants European officials to grant some kind of debt relief to Greece, but such a move has been strongly opposed by Germany.
Before this year, Greece's troubled economy had been slowly getting back on its feet. But the bank shutdowns and debt default of...