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New Greek 3 Year "Adjustment Plan" Has Been Agreed On, Can Kicked For Another 3 Years

From zerohedge.com

Just out from Reuters: According to a source, programme will involve new international funding to mid-2014, apportionment yet to be agreed According to a source senior Eurozone officials agree in principle on new 3-year adjustment plan for Greece According to a source private sector will participate in new Greek rescue plan, details still being worked out According to a source, private sector involvement will be limited to avoid a credit event EUR jumps on the news. Congratulations Europe: you just screwed your taxpayers, but at least bought your insolvent banks 3 more years of bizarro world existence (full story)

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