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A Greek crisis has been continuing since the financial position of the Greek economy became exposed during the GFC. However, support from the European Union and the international community have averted a crisis to date with austerity measures showing that Greece was tackling some of the big issues. In the past few weeks the Greek community have demonstrated on the streets arguing that they do not want to continue with the austerity measures and they have now defaulted on repayments.
Discuss the Greek situation by firstly providing background information on the situation.
400 words
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