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What impact are austerity cuts having in Greece?

EU leaders meeting in Brussels say Greece has now met most of the conditions required to receive a new financial bailout.

But the price of that bailout is a severe austerity programme that is seeing unprecedented cuts in state benefits, pensions and wages.

More cutbacks came into effect on Thursday.

The BBC's Europe correspondent, Matthew Price, looks at the impact.

  • 01 Mar 2012
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