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Page last updated at 08:32 GMT, Friday, 9 April 2010 09:32 UK

Greek solutions 'not politically viable'

The President of the European Central Bank, Jean Claude Trichet, is attempting to reassure the financial markets after the Greek government's cost of borrowing rose to a record high yesterday, causing a sharp fall in the bank shares of other European countries.

Simon Johnson, a former chief economist at the International Monetary Fund, examines how Greece's financial woes could play out.

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