Wednesday, June 29, 2011

Greece escapes default

Greek Prime Minister George Papandreou clinched enough votes to pass the first part of an austerity plan aimed at meeting European Union aid requirements and staving off default for his debt-laden nation.
Full text
Comment: Let's hope that Greece has set an example that debt accumulation can't go on forever - a lesson that many more nations still have to learn.

No comments:

Post a Comment