Europe's Collision Course With Greece

Europe's stubborn stand on Greek debt may become its biggest miscalculation since the creation of the euro.

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Photographer: Carsten Koall

The brinkmanship over Greece and its debts continues. A meeting of finance ministers in Riga on Friday is likely to pass, like many previous make-or-break moments, without resolution. The European Union isn't deviating, and neither is Athens. Before much longer, though, something really will have to give -- and it seems ever more probable that, when it does, the news will be bad.

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