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Greece blames US for snowballing debts

Greece blames US for snowballing debts 16 May 2010 Greek Prime Minister George Papandreou says he is considering taking legal action against US investment banks for their alleged role in the snowballing Greek debt crisis. Papandreou said Sunday that an investigation will be launched to examine whether the financial sector engaged in "fraud", leading to the spiraling of Greece's debt, the Associated Press reported.