Tag Archives: Greece

Greece Avoids Bankruptcy Filing With Biggest Debt Write-Down in History

Today, the Prime Minister of Greece, Lucas Papdemos announced that the country’s creditors had agreed to take pennies on the euro by writing down the debt. By doing this, Greece can avoid filing bankruptcy and get a second bail out … Continue reading

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Fears Of A Greece Bankruptcy Continue

Today, the Austrian Finance Minister, Maria Fekter stated that if Greece ends up filing bankruptcy it would set off a domino effect across the world in the financial sectors. Many feel that it would be worse than the bankruptcy filing … Continue reading

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