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Posts tagged ‘Martin Wolf’

A BAIL-OUT FOR GREECE IS JUST THE BEGINNING!

I found this posting on the internet and I believe that it represents a excellent analyze s of the current Greek and European financial situation

A BAIL-OUT FOR GREECE IS JUST THE BEGINNING
By Martin Wolf

Published: May 4 2010 20:13 | Last updated: May 4 2010 20:13
Desperate times; desperate measures. After months of costly delay, the eurozone has come up with an enormous package of support for Greece. By bringing in the International Monetary Fund, at Germany’s behest, it has obtained some additional resources and a better programme. But is it going to work? Alas, I have huge doubts. This article can be found at:
http://www.ft.com/cms/s/0/de21becc-57af-11df-855b-00144feab49a,_i_email=y.html “FT” and “Financial Times” are trademarks of The Financial Times. Copyright The Financial Times Ltd 2010

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