Eurozone finance ministers are then to agree to the bailout on Wednesday provided Greece meets its end of the bargain. Berlin is insisting most of the money is held in a separate account and is used purely to service Greece's debt.
Monday, February 13, 2012
The Greece Bailout. (?)
Duncan Black: Since it's usually not made clear, I will make it clear. The Greece bailout is not a bailout of Greece, it is a bailout of the banks who lent them money.
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