Archive - Jul 2012 - Blog entry

July 2nd

Phoenix Capital Research's picture

The Exact Moment Greece Will Leave the Euro





 

Consequently, the real question is: “when does Germany and the rest of the EU stop picking up the tab for Greece?” Judging from the above survey in which even the French and Italians now think Greece should leave the EU if it doesn’t start paying its bills, it won’t be long: Greece will need another €16 billion in financing if the EU accepts its request for another extension (yes, this would be the third bailout).

 
 

July 1st

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