Monday, March 12, 2012

Greek bailout close to conclusion

Greek Bailout Payment Set to Be Approved by Euro Ministers After Debt Deal

Euro-area finance ministers will move toward completing the next Greek bailout this week as they meet in Brussels tonight.
Luxembourg Prime Minister Jean-Claude Juncker, who heads the group of euro-region finance ministers, said he had “no doubt” that a second bailout program for Greece would be approved and he expected a final decision on March 14.
Comment: For me it was pretty much clear from the beginning the euros would stage a bailout. Those who thought otherwise don't know how the world works.

No comments:

Post a Comment