Greece: staring down the barrel of a gun

Checkmate: Is this Greece’s final, final deadline?

After nearly six years of bailouts and brinkmanship, Greece and its creditors are staring down the barrel of a gun Friday as they face a weekend deadline to seal a reforms-for-rescue deal -- or a default by Greece. In what analysts and markets see as the final deadline, Greece has to reach a deal with creditors Saturday or it will fail to make a crucial debt payment due to the International Monetary Fund (IMF), next week on Tuesday.
Comment: Image source.  Advice ... let 'em go ....

1 comment:

  1. It strikes me that Tsipras is more or less saying that he will not accept pensioners and government workers taking a pension/pay cut to maintain solvency, but he will be happy to let them go without pay entirely.

    If it wasn't real people who would be going hungry as a result, this would be really entertaining.


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