“The International Monetary Fund warned the eurozone yesterday that it may be forced to write off a chunk of Greece’s debt after identifying an $11bn black hole in the finances of the recession-stricken country. In its regular update on the programme of financial austerity and structural change agreed to by Athens in return for financial help, the Washington-based IMF said weak growth and a sluggish pace of reform had opened up a funding gap in both 2014 and 2015.”
http://www.rawstory.com/rs/2013/07/31/imf-finds-11-billion-black-hole-in-greeces-finances/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Supreme Court to consider if silence can be evidence of guilt
Pressure to legalise marijuana after Australian boy denied treatment
Ron Paul slams US on Crimea crisis: Russia sanctions 'an act of war'
125 shopping days left: Retailers start Xmas deals
Bitcoin ATM sign of currency’s growing popularity
In Egypt streets, Islamists throw weight around
Who's the Bear Driving Up the Price of U.S. Stock Options? Banks
China shuts down $88 million mocked museum with ‘fake’ national treasures
Unions: Obamacare Will ‘Destroy The Very Health and Wellbeing’ of Workers
Bitcoins use by tea trade brought to notice of Ministry, board
Special Privilege: Beyonce, Jay-Z Cuba trip was OK'd by US Treasury Dept
NATO members could act against Syria without UN mandate
Facebook to have privacy policies audited for two decades under FTC deal
EMU plot curdles as creditors seize Cyprus gold reserves
‘Run and hide’ is Obama administration’s clever plan for next school shooting