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2015-07-09

Martin Wolf: There are no /Greek/ government deficits to finance consumption (or almost none). So money would be used to pay interest and amounts due.

There are no government deficits to finance consumption (or almost none). So money would be used to pay interest and amounts due.

Martin Wolf

I mailed him and asked: 

How much money will Greece use to roll over old loans?
And how much is used to pay gov deficits for consumption?
I am a bit ashamed not to know this.

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