The Greek government has been in talks this past weekend with the major players in the European financial community who will determine whether Greece experiences a sovereign default next month or continues to limp along - the new "Sick Man" of Europe. No one is optimistic. The reason? New York Times: The Greeks face an October deadline to qualify for 8 billion euros, or $11 billion, in aid, without which Greece will certainly default on its growing debt. Over the weekend, European finance ministers issued stern warnings at a meeting in Poland that failure to meet financial targets would imperil the release of the payment. The payment is just one installment in a larger package of 110 billion euros, or $152.6 billion, in aid agreed to by euro zone members in spring 2010; a second bailout fund, for 109 billion euros, or $150.2 billion, was agreed to in July, though that has yet to be ratified. To reach the financial targets, Greek leaders discussed a range of draconian layoffs and....
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