Leo Varadkar versus the World (4): the… EU & the IMF?


Varadkar, please call your office.From the Guardian – European Union talks on Greek debt as IMF flies in; Plans to buy back Greek debt at a discount ‘seriously considered’:

The European Union is engaged in frantic behind the scenes talks to reduce Greece’s debt as international monitors fly into Athens this week. There is growing concern that the eurozone’s weakest state will be unable to end its worst crisis in decades, without a sovereign default.

Plans to buy back Greek debt at a discount – a scenario that economists call restructuring by stealth – are being given “urgent consideration,” bankers and EU officials say.

Read more… or just cover your ears and go “La-la-la-la-lah!

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This entry was posted in Accountability, Bankers' Bailout, Budget, Debt Default/Restructuring, ECB/IMF, Economy, Elections, EU, Ideology, Leo Varadkar versus the World, Solutions and tagged , , , , , . Bookmark the permalink.

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