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Greece required IMF assistance due to a massive national debt exacerbated by the 2007/08 financial crisis and a lack of economic growth, risking bankruptcy and potential expulsion from the EU. The IMF provided over €325bn in bailouts accompanied by austerity measures, which aimed to stabilize the Greek economy. While evidence of immediate benefits from these bailouts is mixed, they may have prevented a more severe economic collapse.
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- rupiahs.dosage.8t
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- EN