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Europe: “Greek Drama Doesn't Transcend Hellenic Borders”

Luboš Motl of The Reference Frame writes about the current economic situation in Greece and how it affects (or doesn't affect) other countries: “All the hysteria is man-made and unjustifiable by the real data. The Greek default will be just a formality because in practice, it has occurred a long time ago.” As a side note, the blogger mentions Greece's “angry” reaction to the statue of Alexander the Great, which has recently been erected in Skopje, Macedonia.

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