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... ccessfully joined the euro zone and obtained many more favorable treatment, the borrowed money will always have to be repaid one day.
In order to join the euro zone, Greece deliberately concealed its unhealthy domestic financial situation.
And after joining the euro zone, Greece not only did not tighten policies and reduce deficits, but instead used relatively low financing costs to expand its fiscal budget aggressively to stimulate its own economic development.
Since Greece ...
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