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Lagarde Issues Veiled Threat To Greece – Says Reforms Are Inevitable

Posted on 2012/05/22 by freemartinnow

IMF chief Christine Lagarde said Tuesday that Greece’s left will have to face tough fiscal measures even if they reject the austerity requirements… In a veiled threat, she said they could reject austerity “But for what, probably more difficult measures that will have to be taken anyway”.

Greek Voters Need to Look Beyond the Lies of Bloomberg, Merkel, ECB, IMF, Ekathimerini; Greece Nightmare Coming or Already at Hand?

Posted on 2012/05/22 by freemartinnow

Tsipras and his Syriza party are selling the Greek people a falsehood: namely, that Greece can renounce the terms of its bailout agreements with the euro-area governments and still receive their money. If voters believe him… then his country, Europe and the global economy will live for years with the consequences.

Greek Exit Talk Edges Euro Towards Tipping Point

Posted on 2012/05/20 by freemartinnow

Greece could be weeks from a euro exit crunch as an electoral revolt against EU austerity and a run on banks nudges the debt-laden .eurozone towards a long-predicted tipping point

Europe On Journey To The Unknown If Greece Exits

Posted on 2012/05/20 by freemartinnow

As investors and European leaders big and small tot up the potential cost of Greece departing the euro, the European Union too stands perilously close to meltdown after six decades in the making

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