Euro crisis
A very interesting article that illustrates the demise of the euro on a timeline...This illustaration ends in January (perhaps as the currency itself should have)...
http://www.bbc.co.uk/news/business-13856580
A very interesting article that illustrates the demise of the euro on a timeline...This illustaration ends in January (perhaps as the currency itself should have)...
http://www.bbc.co.uk/news/business-13856580
Greek checklist - Bailout agreed...TICK! Austerity measures agreed...TICK! Private Investor Haircut agreed..TICK! So they are okay now then right? NO...far from it. It is well documented that this bailout still only returns their economy to 120% of debt to gdp by 2020. That is no bailout plan, this will not help keep them afloat, it will only serve to make their economy drown slower and more painfully...