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June 05, 2011

Greece will default says leader of Tory MEPs... Portugal probably will too.

Martin Callanan MEP was speaking to BBC1's Politics Show. He urged the Coalition to take a more "robust" view on "legally dubious" bailouts. He said we weren't helping already indebted countries by imposing high interest loans on them. He said it was "wrong" for taxpayers to bear all of the burden without banks writing off some of their bad lending.

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