Send a Tweet
Most Popular Choices
Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Tell A Friend Printer Friendly Page Save As Favorite View Favorites
General News

Has IMF blown up Greece rescue? - BBC News

Quicklink Submitted By   Follow Me on Twitter     Message David William Pear     Permalink    (# of views)   2 comments

Related Topic(s): , Add Tags

Must Read 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H3 7/15/15

Author 500873
Become a Fan
  (42 fans)

'Greece's crisis has escalated again, with the International Monetary Fund launching a savage attack on the bailout deal forced on Athens by Germany and other eurozone governments.

So why does this intervention by the IMF, in a statement issued tonight matter?

Well for two very big reasons.

First is that it will make it much harder for the government of Alexis Tsipras to persuade the Athens parliament to back painful austerity measures in votes today demanded by eurozone creditors as the sine qua non of keeping Greece in the Eurozone.

Second the eurozone creditors, and Germany in particular, forced Alexis Tsipras - against his strong preference - to accept IMF participation in the next formal bailout package to be negotiated if Greek MPs pass the initial reform measures tonight.'  BBC

Read the rest of the story HERE:

At www.bbc.com

 

- Advertisement -

Must Read 1   Valuable 1  
View Ratings | Rate It

opednews.com

David is a progressive columnist writing on economic, political and social issues. His articles have been published by The Greanville Post, The Real News Network, Truth Out, Consortium News, OpEdNews, Pravda, Russia Insider and many other (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Related Topic(s): , Add Tags