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Following the latest delay in the handing out of the country’s sixth EU-IMF bailout tranche, speculation about a drastic haircut of Greek debt have intensified in Brussels and Berlin, increasing uncertainty in world markets about an impending twin-pronged default.
"Everyone said the big concern is that worrying developments on the financial markets will escalate into a banking crisis," German Finance Minister Wolfgang Schaeuble told a news conference after EU ministers met in Luxembourg.
Originally posted by marg6043
reply to post by thoughtsfull
The question is why selling tanks to a nation that is in edge of a possible military coup the way things are right now with the austerity, (but they just bought 400 tanks) and a possible bankruptcy.
Makes no sense.
Somebody will be profiting from death and chaos.
Originally posted by MasterGemini
I don't care anymore.
I hope it all comes crashing down in a fiery display.
Originally posted by marg6043
reply to post by hawkiye
You know what, that is exactly what I thought trying to figure this out, US may have something to gain helping reconstruct the nation after a coup
The Bank of England has voted to extend its programme of quantitative easing (QE), signalling a real fear that the UK is on the brink of a new recession.