Tag Archives: Revealed : How The Troika Bailout Is Accelerating Greek Insolvency

John Ward – REVEALED : How The Troika Bailout Is Accelerating Greek Insolvency – 5 April 2012

Hellenic bailout, Troika method. (Reconstruction)

Why Athens is robbing Greek institutional bank accounts

Slog’s Brussels source confirms Mish’s GET site analysis

“I was wondering when someone would spot this,” said The Slog’s Brussels Mole this morning, “but yes, there’s no getting away from it….just by getting the bailout on these [Brussels Accord] terms, Greece is going backwards”. Thus did this EU official confirm the incredible analysis published by professional business site Mish’s Global Economic Trends this morning: although Greece needed the capital (aka ECB non-cash wobblymoney) forthcoming from the Troika to avoid outright messy default, the terms of the 159-page report guarantee that the situation in Athens will deteriorate more quickly. Continue reading

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