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IMF, ECB And EU Certify That “Energy Sustainability” = Fiscal Non-Sustainability

By on 5. May 2011

If you wish to bail out someone in dire financial straits, then you’ll want to make sure that the party receiving the bailout funds will break its old spending habits and not continue its wasteful ways. This is the case with insolvent Portugal, as the IMF, European Commission and the European Central Bank prepare a […]

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