Like Sgt. Shultz in the ’60s comedy series Hogan’s Heroes, Eurogroup head Juncker says he sees no acute refinancing crisis is any eurozone country.

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No eurozone country should have to go to the IMF for help as they must get help from within the eurogroup first. Anyone who has been watching the headlines in recent days knows there is far from a consensus within the eurozone on rich states aiding the suddenly downtrodden.