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Greece said to be readying new cuts

By: Decomposed in ROUND | Recommend this post (0)
Tue, 31 May 11 1:50 AM | 147 view(s)
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Greece will make its small gestures to the EU, but until Greeks are ground deeply into the earth - and I don't see that happening too soon - things will not have bottomed and the crisis will go on. 

May 30, 2011, 4:32 p.m. EDT

Greece said to be readying new cuts

By Kate Gibson, MarketWatch

NEW YORK (MarketWatch) — Greece’s government on Monday was reportedly getting ready for new spending cuts and tax hikes to be unveiled this week, as public protests mounted in Athens.

The International Monetary Fund has warned in recent days that unless Greece’s European partners provide additional help, it would not lend money to Greece on its own.


Full story: http://www.marketwatch.com/story/greece-said-to-be-readying-new-cuts-2011-05-30?link=MW_home_latest_news




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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