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Euro Bloc Faces Greek Vote Giving First Spanish Test

The future of the euro may be determined in the coming weeks, as Greek voters decide whether to honor the country’s international bailout and create a first test for Spain’s newly built 100 billion-euro ($125 billion) banking firewall.

With Greece going to the polls in six days, the most recent surveys showed the main party opposing the terms of its bailout vying for first place. The government in Athens has “a few weeks” before exhausting its funds, making this is “a make-or-break period,” former Greek Prime Minister George Papandreou told Bloomberg Television in a June 8 interview.