Sunday, June 19, 2011

IT'S OFFICIAL: Still No Deal On Aid For Greece

There's an AFP report (via Mish) that's rather cryptic, but it basically says that a compromise between Germany and the ECB was currently off the table. We're not sure what to make of it. It's just out there.
Then there's a Bloomberg story saying that the next slug of cash to Greece may only be half as big as previously planned, with the goal that the country avoids an imminent default, with the rest of the cash coming when actual spending cuts are passed.

Read more:

No comments:

Post a Comment