Friday April 3, 2020

Are the gods with Greece?

This weekend, a deal will be proposed to bail out the Greek economy to the tune of €120 billion, but it remains to be seen whether it will be accepted, with the future of the eurozone now in doubt

1st May, 2010

It is a crisis that has crept up slowly, framed in a flood of clichés about Greek tragedies, a Greek odyssey or, as the Economist newspaper headlined it, ‘Acropolis now’.

Trying to fix the Greek crisis will this weekend require the EU government to commit massive sums - probably in excess of €120 billion - in a bid to find a solution.

Yet the roots of the crisis go deep and,...

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