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A look at Greece's financial crisis from the inside

17 February 2012 Last updated at 23:53 GMT

World stock markets rose to their highest level since the summer on Friday, on hopes that a much-anticipated Greek debt deal might finally be about to get off the ground.

The arrangement would mean that investors who bought Greek government debt would get about a third of their money back - instead of none.

However, as Newsnight's economics editor Paul Mason reports, the curtain is far from falling on this Greek tragedy.