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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (75450)6/21/2011 6:33:49 AM
From: elmatador1 Recommendation  Respond to of 217798
 
Open pressure to sell assets: Schäuble warns Greece to reform for bailout
His remarks followed a Sunday meeting of the 17 eurozone finance ministers, who agreed to hold off releasing the next €12 billion tranche of the bailout package until July. They are demanding the troubled Mediterranean nation pass austerity measures through its parliament including the privatization of public assets.
...
Beginning of July we will have to continue to discuss the private creditor participation, which will be voluntary and we will have to check whether Greece has fulfilled all its obligations.
thelocal.de

Wy private creditors participation? Because the private crditors want to buy the Greek assets!

The population of Greece should have been aware at the crisis' onset that this would be the end result.

But they did a MQ. They thought debts go to heaven...