Loans and Finance

Loans and Finance

Text

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

Tuesday, March 17, 2015

Farewell Greece!


German Finance Minister Wolfgang Schaeuble is telling the world how it is, wrt Greece.

As per Bloomberg:

"None of my colleagues, or anyone in the international institutions, can tell me how this is supposed to work.

Greece was able to sell those treasury bills only in Greece, with no foreign investor ready to invest. That means that all of the confidence was destroyed again."
The clock is ticking, Greece as a result of its "game plan" will not remain in the eurozone. The only question remaining is when will it go.

No comments:

Post a Comment