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Even so, S&P anticipates that Greece's government will find it difficult to make the additional cuts required to satisfy the conditions to get its next slate of funding from the EU and IMF. "We see the likelihood of shortfalls, owing to election-related delays in the implementation of budgetary consolidation measures for the current year, as well as the worsening trajectory of the Greek economy," S&P said. A cutoff of bailout money could lead to Greece defaulting on its remaining obligations and possibly leaving the euro currency. International bailout creditors are closely scrutinizing the country's lagging austerity and reform program, and a negative report next month would likely lead to the vital rescue loans being halted. That would leave the government unable to pay pensions, salaries and service its debts, which in turn could force Greece to leave the 17-member eurozone, a move that would reverberate throughout global financial markets.
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