"eurozone bailout" tag
athens acropolis greece

We’re on the Brink, Warns Greece Ahead of EU Summit

Greece faces “the spectre of bankruptcy and all the dire consequences that entails”, the Greek prime minister warned last night. James Kirkup, The Telegraph, UK, 01-29-2012 http://www.telegraph.co.uk/finance/financialcrisis/9048157/Were-on-the-brink-warns-Greece-ahead-of-summit.html Lucas Papademos said that unless the country’s…

euro coffin

Eurozone Is Closer to Breakup, Warns Standard Chartered’s Peter Sands

The Telegraph, 01-05-2012 http://www.telegraph.co.uk/finance/financialcrisis/8986159/Eurozone-is-closer-to-break-up-warns-Standard-Chartereds-Peter-Sands.html The head of one of Britain’s “Big Five” banks warned that any break-up of the single currency would have dire consequences for the global economy because it would be…

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