Eurowrap 7/12/12

'Europe hasn't learned lessons from Greece crisis'

A debt cut is necessary, and not just for Greece.

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Bill Black: Note to Italy – please send us more Saracenos 

Italian university graduates are emigrating. Send America all the good ones.

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Greek joblessness more than double the eurozone average

Unemployment in Greece climbed to a new record of 26% in September, topping that of Spain.

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