Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.
jorgectob

Germany Rejects Notion Of Greek Debt Write-off - Yahoo News

The comments came as Greece's new radical left government, voted in last Sunday, sought to make good on its pre-election promises of seeking to write off half of Greece's debt and reverse the austerity measures that are a condition of its international bailout. "The discussion about a debt cut or a debt conference is divorced from reality," Martin Jaeger, a German finance ministry spokesman, said in Berlin. http://mailvidsojru.tumblr.com Jaeger said Greece was http://josephesmb.soup.io/post/525644985/Japans-Midfielder-Endo-Reaches-150-Intl-Caps obliged to abide by the terms of its 240 billion euro ($270 billion) bailout program agreed by previous governments or endanger the deal. Without the rescue loans from its fellow eurozone countries and the International Monetary Fund, Greece would go bankrupt. "If the measures announced by the new government in Athens were implemented, then one has to http://madalynexov.edublogs.org ask whether the basis of the program wouldn't be called into question and therefore pointless," he said. In Athens, Jeroen Dijsselbloem, the Dutchman who chairs eurozone finance meetings, met with top officials to sound out the new government.
More: http://news.yahoo.com/germany-rejects-notion-greek-debt-153543521.html

Don't be the product, buy the product!

Schweinderl