Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Friday, October 26, 2012

Greece Fails To Meet Targets

Unsurprisingly Greece is failing to meet its debt targets.

Reuters reports:
"Greek debt will be above the target of 120 percent of GDP in 2020, a preliminary report by the IMF showed on Thursday, and Athens will need more reforms before emergency credit from international lenders can start flowing again."
What now then?

Exit or political fudge?

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