Eurogroup Goes Crazy – They want Greece to implement austerity BEFORE a Bailout

What do Troika and EU want from Greece?

What do Troika and EU want from Greece?

A deal is still not reached between “Troika” (European Commission, the European Central Bank and the International Monetary Fund) and Greece, after the recent Greek referendum on Eu proposals in which Greeks voted No with an overwhelming 61% majority. Since then Greece came up with proposal which were submitted to Troika, however there doesn’t seem […]
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What does Greek Vote Mean – No to bailout terms

What does Greek Vote Mean – No to bailout terms

On 5 July 2015 – just now – Greeks voted “No” in an overwhelming 60%+ majority in referendum for the bailout terms forced upon them by Eu Creditors. But what does this vote mean?     It strengthens Greek Government’s Political Position Current Syriza government is an alliance of left wing parties, who got elected […]
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Who is responsible for the Greek Crisis

Who is responsible for the Greek Crisis

Greek Government was given $30 billion in loans to bail out the local branches of international private banks in Greece in 2008. That’s an amount Greek economy, taxes – nothing in Greece could handle. They ended up having to get loans to pay the installments of that loan, and now the debt ballooned to an […]
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How did Wall Street bankrupt the World – and the US

How did Wall Street bankrupt the World – and the US

You probably know by now that the crisis that entire world is suffering had broken out in 2008, started from Wall Street and it had something to do with very high risk mortgages which were sold to families who cannot pay for them, and entire world is going through a neverending, agonizing crisis and have […]
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