Greeks are now manifesting ahead of the vote on the 5 year austerity measures plan. That may or may not go well but the EU and the IMF are really just looking for some openings to the plan because they are not going to let the bankers fail for 12B euros (the last tranche to be disbursed in the 2010 110B E bailout). They will give the money to Greece (banks), no problem. Mario Draghi, the upcoming president of the ECB, formerly from Goldman Sachs International, will personally see to it.
But Greece needs more money still. That could be a …Read More