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Luis de Guindos, Spain's economy minister, right, speaks with Pierre Moscovici, economic commissioner for the European Union (EU), during a Eurogroup meeting of European finance ministers in Brussels, Belgium, on Tuesday, May 24, 2016. Five years after handing Greece the biggest sovereign-debt write-off in history, European policy makers have come full circle to the point they had all hoped to avoid: a real discussion on debt relief. Photographer: Jasper Juinen/Bloomberg via Getty Images