Loans and Finance

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Friday, July 03, 2015

Greece Is Fucked

The IMF has said that Greece needs another Euro50BN bailout, and that the debt is unsustainable and will need to be restructured.

Music or not, Greek banks are down to their last Euro500M. The emergency is now, not in the months it will take to negotiate/approve (if at all) a Euro50BN bailout and debt restructure!

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