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Greece is too interconnected to be allowed to fail

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Greece is too interconnected to be allowed to fail
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German banks have significant exposure to Greek public debt
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Two-thirds of Greek public debt is held by non-residents
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Italian banks have significant exposure to Greek public debt
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Spreads on Government debt of Portugal increased due to Greek crisis
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Spreads on Government debt of Spain have increased due to Greek crisis
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Greece is too big to be allowed to fail
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