Monday 22 June 2015

The Greek debt crisis summed up by Matt

It seems hopeless. Tonight the conclusion to the 7 year old Greek saga was once again delayed.

At some point surely someone will admit Greece may have been hopelessly corrupt, should not have been allowed to join the Euro but cannot possibly hope to repay the debts now so either they leave the Euro or the EU writes off a very large chunk of the Greek debt.

People are seriously struggling now in Greece. The health system has collapsed etc etc.

The whole thing is mad.

 

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