Monthly Archives: September 2011

15 demands from the IMF/ECB/EU Troika which could be the Greek Default trigger

According to a letter published in a Greek newspaper VIMA, the EU and European Central bank has demanded that Greece make 100,000 employees in state controlled companies redundant, in order to get the latest €8bn tranche of its EU/IMF loan. … Continue reading

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G8 Finance Ministers pledge $38bn in aid to souther and eastern Mediterranean countries such as Libya and Egypt

Finance ministers from the worlds richest countries have been meeting leaders from Arab Spring countries to discuss reconstruction and development. Representatives from Libya, Egypt and Tunisia also met officials from the IMF and European Bank for Reconstruction and Development in … Continue reading

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