Tag Archives: Greece Public Finances Face Collapse As Money Stuffed In Mattresses; Swiss Eye Capital Controls As Money Pours Into Switzerland; Understatement Of The Month

Mish/ Mike Shedlock – Greece Public Finances Face Collapse As Money Stuffed In Mattresses; Swiss Eye Capital Controls As Money Pours Into Switzerland; Understatement Of The Month – 28 May 2012

 Lucas Papademos, the ex-technocrat prime minister of Greece says public finances face collapse.

Greece’s public finances could collapse as early as next month, leaving salaries and pensions unpaid unless a stable government emerges from the June 17 election, according to Lucas Papademos, the technocrat prime minister who left office after this month’s inconclusive vote. Continue reading

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