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The first signal of scepticism
surfaced when in 2009 newly appointed PM George Papandreou found the understated public debts of government. This was immediately followed by downgrading of the debt to BBB+ by rating agency FITCH. The fear became rampant that the country won’t be able to repay its debts. [caption id="attachment_3929" align="aligncenter" width="300"] George Papandreou Former Prime Minister of Greece[/caption]
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