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The Independent - United Kingdom | Wednesday, August 12, 2015

Bailout package leaves Greece to big business

The new bailout package is turning Greece into a paradise for big business at the expense of the population, warns the centre-left daily The Independent: "The privatisation and deregulation bonanza opens vast new swathes of Greek society to areas where big business has never been able to set foot before. The hope is that this will generate high profits to keep big business growing, and provide an extreme model of what might be possible throughout Europe. ... The intensity of the restructuring programme currently being agreed for Greece should dispel any lingering notion that this is a well intentioned but misguided attempt to deal with a debt crisis. It is a cynical attempt to set up a corporate paradise in the Mediterranean, and must be resisted at all costs."

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