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Argument: Greece bailout is perfectly legal

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Supporting quotations

"A fake Greek tragedy and the EMU future", Antonio Lettieri, April 2010 "There is a clause stating that when a member-state 'is in difficulties or is seriously threatened with severe difficulties caused by natural disasters or exceptional occurrences beyond its control, the European Council, on a proposal from the Commission, may grant, under certain conditions, Union financial assistance to the member-state concerned.'"

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