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Greek premier rushes to Brussels to secure bailout
Greece's prime minister rushed to Brussels on Sunday, a day before eurozone finance ministers have to decide whether his country will get a €130-billion ($170-billion) bailout and avoid a potentially devastating default. Leaders from Germany, Italy and Greece have said they are optimistic that the deal on a second massive bailout for Athens can be clinched at the meeting after months of delay, but critics have expressed doubts over Greek political leaders' commitment to austerity and there are still difficult details to be ironed out. Pressure is on Greek Prime Minister Lucas Papademos to seal the ... (full story)
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Posted: Feb 19, 2012 4:55pm
Submitted by: FF News
Category: Low Impact Breaking News
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1,569 Views
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6 Comments
DrHairyBalls, Guest, krisware, clockwork71, jonahky7, tradingpalu
DrHairyBalls
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Guest
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krisware
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anyway ... next bullet comes from U.S. ... the end of U.S. is near, beacuse debt has grown from 10 tril 2008 to 15 tril 2011 (in 3 years 5 tril) ... this should smoke away all the good news from America ... before 2008 it took 8+ years to grow 5 tril debt now only 3 ... at current rate the debt level will reach 20tril in 2-3 year ... by 2020 it would be about 50 tril ... and this is not going to happen, because in 2020 US dollar is not the reserve currency anymore and it won't matter how much dollar costs, because noone cares
clockwork71
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jonahky7
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tradingpalu
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Guest
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