PDA

View Full Version : Greek conservatives hope to seal coalition deal



wingrider
06-20-2012, 02:08 AM
Exasperated with Greece's repeated failure to honor its promises on budget cuts and reform, euro zone officials have nevertheless begun to accept the program may be impossible to implement without changes, as the country is already off track and its economy is sliding deeper into recession. One senior euro zone official said trying to enforce the original terms of the 130 billion euro bailout package from the European Union and the International Monetary Fund would mean "signing off on an illusion".

http://news.yahoo.com/greek-conservatives-hope-seal-coalition-deal-053426235.html



hopefully this could be the begginings of a turn around for the greece economy

MMC
06-20-2012, 05:32 AM
It's not.....Greece just kicked the can down the road. Furthermore they need to quit telling that lie. Greece isn't in a recession. They are in a depression. No need to soften the truth!

Peter1469
06-20-2012, 07:13 AM
Greece cannot cure its economy by adding more debt. Greece has fundamental problems that must be fixed even if all of their debt is forgiven. Unless the Eurozone will commit to giving Greece cash constantly, Greece is better off out of the EZ.