And so as predicted here back in February, Greece is now in a complete meltdown when it comes to fiscal targets (report here). The only thing that is keeping this Euro charade still rolling is seemingly endless willingness of the European 'leaders' to deny the reality of Greek complete and total insolvency.
Showing posts with label 2 years extension. Show all posts
Showing posts with label 2 years extension. Show all posts
Wednesday, August 15, 2012
15/8/2012: Total Insolvency in Greece Meets Total Denial in Europe
And so as predicted here back in February, Greece is now in a complete meltdown when it comes to fiscal targets (report here). The only thing that is keeping this Euro charade still rolling is seemingly endless willingness of the European 'leaders' to deny the reality of Greek complete and total insolvency.
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