Greek economy may need further financial help

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Uploaded by on Aug 29, 2011

To avoid a financial meltdown, the European Central Bank has spent nine billion dollars to protect Italy and Spain.

In Greece as the new financial forecasts show the economy is still shrinking, the European Union and the International Monetary Fund are discussing whether the government has done enough to warrant more emergency funds.
 
Al Jazeera's Barnaby Phillips reports.

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