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Draft suggests that Merkel is getting her way

Politics / UK Politics : The Coffee House

Below, courtesy of the Telegraph, is a leaked copy of the draft proposals on managing the Greek debt crisis. It appears to have been forged largely by Angela Merkel, which is unsurprising given that Sarkozy acquiesced to most of her...

The Greek Debt Crisis Is At A Tipping Point

Business & Finance : Business Insider: Money Game

The Greek sovereign debt crisis has entered a critical phase. The four protagonists--the Greek government, its creditors, the International Monetary Fund, and the leaders of the eurozone--all feel they have been pushed as far as the...

The Greek Crisis And Cheap Retailers

Business & Finance : Business Insider: Money Game

The never-ending Greek crisis provides an absorbing spectacle. No more eloquent comment on their default odds is needed than the 18% yield currently provided by 10 year Greek government bonds. While the EU, ECB and IMF maintain the ...

Prepare for the worst?

Business & Finance / Investing : Mercenary Trader

Mercenary Links Roundup for Thursday, June 16th (below the jump). 06-16 Thursday Greece and Europe must prepare for the worst Greek debt crisis is Europe’s ‘Lehman moment’ – Telegraph Europe’s ‘Lehman Moment’ Looms as Greek Debt Unr...

This Is the Way out of the Greek Debt Crisis

Business & Finance : Huffington Post: Business Blog

ATHENS -- Three months of negotiations between the Greek government and our European and international partners have brought about much convergence on the steps needed to overcome years of economic crisis and to bring about sustaine...


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