Greece In Arrears

July 2015
Moderate Voice;7/1/15, p4
Blog Entry
The article reports that Greece missed its scheduled 1.5 billion U.S dollar debt repayment and has become the first advanced economy to default in International Monetary Fund's seven decade history. It reveals that demands for bailout to help pay more than 30 billion U.S dollar in future and to prevent austerity measures, have been made by Greek politicians. It also mentions that Greek politicians are expected to continue their negotiations with European finance chiefs.


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