Published on naked capitalism, by Yves Smith, March 18, 2015.
Things are not looking good for Greece.
When Greece and the Eurogroup signed a four-month deal delineating how Greece could get access to desperate needed, so-called “bailout” funds, our reading of the agreement was that it reaffirmed the so-called Memorandum of Understanding, meaning the structural reforms that were part of the IMF loan program. That was very much a minority view at the time. Continuer la lecture de « Negotiations with Greece Close to Breakdown as Budget Strains Worsen »