Co-ordinated action needed to safeguard stability of whole Euro Area

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Greece
The current financial crisis in Greece
How should the EU respond to the financial crisis in Greece?
EU should provide loans to support Greece through fiscal adjustment
Co-ordinated action needed to safeguard stability of whole Euro Area
Greece is too big to be allowed to fail
Greece is too interconnected to be allowed to fail
Interest on loans paid back over time
Greece's deficit is inconsistent with remaining in a monetary union
Risk that Greece may default on the loans
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