We are all familiar with the situation in Greece: their debt is now approaching 120% of GDP and they appear unable to meet their debt obligations. The below explains the *latest* on the situation. It is interesting to see that credit problems are not limited to an individual. Greece, my friend, we need to have a talk about your credit habits!
The article can be found here:
http://www.businessweek.com/news/2010-05-26/greece-faces-debt-restructuring-or-default-mundell-hanke-say.html
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment