Telegraph: Reports that Greece will enforce a write off its bond debts with its bond holders after, as the article notes the, “ ..number of voluntary agreements look set to fall short of the required amount. ”. This has been coming for years folks, Greece can then default, restart its economy, the EU can support Greece while it goes through this pain full process, this will give Athens a chance to bounce back over the next few years, it can make the austerity measures less harsh, prevent the social fabric of Greece from falling apart, a really bad result would be for a fudge, more delays, more suffering for the Greek people, GET ON WITH IT GREECE.
Sunday, March 04, 2012
Greek Default and the EU
Telegraph: Reports that Greece will enforce a write off its bond debts with its bond holders after, as the article notes the, “ ..number of voluntary agreements look set to fall short of the required amount. ”. This has been coming for years folks, Greece can then default, restart its economy, the EU can support Greece while it goes through this pain full process, this will give Athens a chance to bounce back over the next few years, it can make the austerity measures less harsh, prevent the social fabric of Greece from falling apart, a really bad result would be for a fudge, more delays, more suffering for the Greek people, GET ON WITH IT GREECE.
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