Tag Archives: Greek Default : The Troika Prepares To Engage Reverse Gear

John Ward – Greek Default : The Troika Prepares To Engage Reverse Gear – 14 March 2012

The Troika continues to avoid using real money, and damns Athens with leaks

Wolfgang Schauble spent most of the weekend muttering about Greeks not fulfilling the bailout clauses, until Angela Merkel requested that he halt’s Maul, after which Wolfie  – who really can’t bear to say anything nice about Greece – popped up again yesterday to say that, thanks to the Troika’s immaculate budgetary planning, Greece would achieve the 2020 debt/GDP ratio, and possibly beat it. Continue reading

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