Sunday 24 July 2011

Acropolis Now: 'Debt' down to 'default' as EU plugs Greek leak

RT - A major U.S. credit agency says it will downgrade the Greek debt to default status as a result of the second bailout for the country. The plan agreed by EU leaders, includes both government and private loans totaling around 150 billion euros. The move has boosted the single currency for now, but critics say it's only plunging the struggling Eurozone into an even deeper debt hole


No comments:

Post a Comment

Note: only a member of this blog may post a comment.