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GREECE: INDEBTED HEALTH

In 2010, Greece faced an accelerated economic downturn and, under the fear of bankruptcy, the government requested financial assistance from the euro-area Member States and the IMF. The assistance was approved, and Greece signed an IMF/EU/ECB MoU. Under the provisions of the MoU, and creditors’ pressure for rapid changes, the government introduced a number of health reforms.

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