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The potential problem faced by the rest of Europe in the event of a Greek debt default is:
Installment Loans
Loans that are repaid over time with a set number of scheduled payments, commonly used for items like cars and large appliances.
Financial Intermediary
An institution that acts as a middleman between savers and borrowers, facilitating the flow of funds in the economy, such as banks or credit unions.
Insurance Companies
Entities that provide financial protection and reimbursement of damages to individuals and businesses in exchange for premiums.
United States Treasury
The department of the federal government responsible for managing national finances, including producing currency, collecting taxes, and issuing government debt.
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