Don't Mention Argentina & Greece In Same Breath

Judging from conversations I had in Europe a few weeks ago with journalists, academics, and policymakers (including at least one foreign minister), I’d say there’s growing worry about two countries being used in the same breath: Argentina and Greece.

These Europeans are deeply concerned that Greece – not to mention Spain and Italy — will follow Argentina’s example in renouncing debts, flouting international norms, and getting rewarded for its irresponsibility.

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