Posted by: arnegrim | April 28, 2010

What’s the hesitation…?

“Greece has said it can’t pay debts coming due May 19 without euro45 billion ($59.8 billion) in bailout loans from the countries that use the euro as well as the International Monetary Fund. But Germany, which would be the biggest single contributor with some euro8.4 billion, has insisted that Greece agree to a lasting austerity plan before it will approve its share of support.”

Sounds reasonable to me…


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