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Debt worries Trichet

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Debt worries Trichet

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European Central Bank President Jean-Claude Trichet has said growing debt is a major problem for some European governments and he warned that Greece has a lot of work to do to put its house in order.

Concerns about the struggling Greek economy have pulled down the single European currency.

Analysts said the market is uncertain about how the Greek government can repay its debts and make the necessary spending cuts.