Tag Archives: Greece Accuses Spain And Portugal Of Conspiracy; 3Rd Greece Bailout Discussion Under Way For €30-50 Billion

Mish/ Mike Shedlock – Greece Accuses Spain And Portugal Of Conspiracy; 3Rd Greece Bailout Discussion Under Way For €30-50 Billion – 3 March 2015

MishMikeShedlockNow that Germany has agreed to an extension, allegedly with no more money on the table, Spain confirms what we all knew would happen, Third Greek Bailout Under Discussion.

Euro zone countries are discussing a third bailout for Greece worth 30 billion to 50 billion euros, Spain’s economy minister said on Monday, as Athens sought to quell fears it might run out of money before the end of March.

Speaking at an event in Pamplona, in northern Spain, Economy Minister Luis de Guindos said the new rescue plan would set more flexible conditions for Greece, which had no alternative other than European support. Continue reading