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  • Nah, our pals in the Bundesba... erm, ECB have given up on Greece and are working their socks off to build a firewall around Portugal and Italy. Some commentators suggest that the Eurogroup are actually goading Greece to default so they can take action.

    I can't help but think that politicians and bankers are sailing close to the wind here. It's been a while since us Europeans got in touch with our ever-present ultraviolent side.

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