Lake Erie Conservative

thoughtful discussion(s) about issue(s)

… Greece is Hanging on the Precipice [#financial disaster]…

Posted by paulfromwloh on Tuesday,June 30th,2015

.. Greece could soon be on its own , without the help of the E.U. …

.. I think that the E.U. has reached the end of the line with Greece . They have negotiated and manuveured with the Tsipras Government , but to no avail . Now the Greeks have set forth a July 5th referendum on the reforms that the E.U. wants Greece to adopt . So , what happens now …

.. [h/t —]
.. [link] to the blog post …

.. at the least , Greece will be in default to the I.M.F. . This is a situation that will be unprecedented in international finance . It is a very good question about what the I.M.F. is going to do about it …

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