Quoted Text

Deal done: Europe seals new $170B Greece bailout to avoid chaotic default
By NBC News, msnbc.com and news services

Updated at 5 a.m. ET: BRUSSELS -- After months of tough negotiating, Europe and the International Monetary Fund sealed a deal early Tuesday to hand Greece €130 billion ($170 billion) in additional bailout loans to save it from a default that threatened the viability of the euro, undermining global economic confidence.
The early-hours agreement to avert default comes after negotiators persuaded private bondholders to take greater losses and Athens to commit to very severe austerity measures.
Ministers finalized measures to cut Greece's debt to 120.5 percent of gross domestic product by 2020, a fraction above the target, to secure its second rescue in less than two years and meet a bond repayment next month.

The eurozone and the IMF, which will be providing the money for the new bailout, hope the new program will eventually put Greece back into a position where it can survive without external support and secure its place in the euro currency union. Finance ministers from Greece and the other 16 euro countries meeting in Brussels wrangled until the early morning hours over how that could be achieved........................>>>>.......................>>>>..............http://bottomline.msnbc.msn.co.....void-chaotic-default

This is just another band-aid to keep Greece solvent for another couple of months.

Quoted from Shadow

This is just another band-aid to keep Greece solvent for another couple of months.

until they lower all the wages starting the generation that is begining to enter the market now.....same in America......better future left?.....that remains to be seen....and the history channel
will tell it as it 'really' happened.....

Quoted from senders

until they lower all the wages starting the generation that is begining to enter the market now.....same in America......better future left?.....that remains to be seen....and the history channel
will tell it as it 'really' happened.....

you watched the History Channel lately............I'm not sure what truckers, guys with axes, and pawn shops have to do with history.........

The last time that Time Warner scrambled the TV channels the programming went in the toilet.

Quoted from Shadow

The last time that Time Warner scrambled the TV channels the programming went in the toilet.

yeah................oh I forgot rednecks killin' things in the swamps too........very historic....

Quoted from 1251

you watched the History Channel lately............I'm not sure what truckers, guys with axes, and pawn shops have to do with history.........

history shows are on the 'off-nights'....hahaha