Posts By:

The IMF’s memo on Greece. It’s horrific.

Article taken from Business Insider 15/07/2015 Germany and the EU "won" their arguments with Greece, and the country accepted another bailout deal as the cost of staying in the eurozone. Neither the country nor the people wanted the bailout to come with another painful austerity package, but it has. But it is not until you actually read the IMF's July 14 memo on the current state of...

Read more »

Time runs out for Greece

Greece faces last chance to stay in euro as cash runs out Article taken from Reuters 07/07/2015 Greek Prime Minister Alexis Tsipras had a final chance to present credible reform proposals to an emergency euro zone summit on Tuesday to persuade skeptical creditors to reopen aid talks before his country's banks run out of money. With Greek lenders down to their last few days of cash and the...

Read more »