Monthly Archive: February 2012

Feb 22 2012

EU Puts Greece in “Chapter 11”

Greek Financial Crisis

European Ministers, world governments and financial markets are now deeply entrenched in a policy of “don’t ask, don’t tell” with regard to Greece, the implications of which are tangible and worrisome. Yesterday, European leaders approved a second bailout for Greece – $172 billion in total – in return for truly draconian austerity measures to be undertaken by …

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