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D Day for Europe is 19 May

May 2, 2010

D-Day for Greece: Greece is 19 May when a  8.5 billion euro ($11.3 billion) 10-year bond must be paid/rolled over.

If Athens doesn’t come to reality,  a catastrophic restructuring or  default will occur.

There needs to be wage freezes including bonuses for years and retirement raised at least five years.

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