Thursday 21 July 2011

New Greek Bailout Agreed

A 135bn euros over 30 years ballout has been agreed by Eurozone members and will, this time, include private investors.


Markets reacted positively to news that an agreement had been reach with the FTSE 100 climbing to 5,900 (+0.79%) and Eurofirst 30 to 1,100 (+1.10%)




Regards, Sam

5 comments:

  1. greece should just tell the EU to go screw some other nation over and get out haha

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  2. europe will be uninhabitable in 30 years. so why bother.

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  3. You know I would be interested in how does an economy like Greece which has a major revenue from tourism can fall so low. Do you have by any chance have a good explanation for a person who has not studied economy?

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  4. that's insane. Oh well, it's not like it's alot of money if you think of all the money all the countries in eu got together. But personally i'd just watch greece burn. They made their poor decisions, they should have to pay for it

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  5. Because... you know... bailouts worked so well in the US...

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