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2-Sep-2010 11:19 AM

Greece, Italy, Japan and Portugal face unsustainable government debt: IMF

International Monetary Fund stated Greece, Italy, Japan and Portugal are the advanced economies closest to unsustainable levels of government debt, adding that the four nations are most at risk of needing drastic budget cuts to avoiding facing uncontrollable increases in public debt (Bloomberg, 02-Sep-2010).

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