|
Re: Eurozone will collapse...
Quote:
Taking into account Greece’s growing financial needs, its debt situation is “unsustainable,” according to the latest IMF projections contained in a confidential report obtained by Reuters. The new data, sent by the IMF to EU governments late on Monday after a new Greek bailout plan was agreed upon in principle, states that the 86-billion-euro program will not save Greece from financial collapse.
The updated debt sustainability analysis, which is said to have been released by the fund now that several media outlets have leaked the data, calls for a considerable portion of the Greek debt to be written off.
|
Source link
The Germans won't stand for that. Looks like the can didn't get far down the road.
__________________
History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
|