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One of the few remaining store owners in Modiano district market sits and reads a newspaper outside his closed premises in Thessaloniki, Greece.

Photographer: Konstantinos Tsakalidis/Bloomberg

One of the few remaining store owners in Modiano district market sits and reads a newspaper outside his closed premises in Thessaloniki, Greece.

Europe’s Debt Crisis May Be Over, Its Suffering Isn’t

For those concerned mainly about the chances of a major default, there are reasons for relief. From the viewpoint of the human crisis in the European periphery, though, things don't look so good.

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Newly-constructed residential apartments in Orestad, on the outskirts of Copenhagen, Denmark.

Photograph by Freya Ingrid Morales/Bloomberg

Newly-constructed residential apartments in Orestad, on the outskirts of Copenhagen, Denmark.

The World’s Worst Spendthrifts Aren’t Who You Think

You're not familiar with the reckless spending habits of Denmark? Many folks are under the impression that it's southern Europe that is burying its children under a mountain of debt. Believe it or not, they have it backwards.

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