Finally, Germany Is Talking About Deutschland EU Exit - Dexit 22:57 Apr 21 0 comments The EU in 2019 – the Problem of Survival 18:42 Jan 11 0 comments The publication of a damning report on Ireland’s public services was delayed by EU until after polls... 06:50 Feb 27 2 comments People's News - No. 139 7th Feb 2016 22:58 Feb 10 0 comments Peoples News issue No. 110 Date: 21 – 9 – 14 22:01 Oct 01 1 comments more >>Blog Feeds
Public InquiryInterested in maladministration. Estd. 2005RTEs Sarah McInerney ? Fianna Fail supporter? Anthony Joe Duffy is dishonest and untrustworthy Anthony Robert Watt complaint: Time for decision by SIPO Anthony RTE in breach of its own editorial principles Anthony Waiting for SIPO Anthony
Human Rights in IrelandA Blog About Human RightsUN human rights chief calls for priority action ahead of climate summit Sat Oct 30, 2021 17:18 | Human Rights 5 Year Anniversary Of Kem Ley?s Death Sun Jul 11, 2021 12:34 | Human Rights Poor Living Conditions for Migrants in Southern Italy Mon Jan 18, 2021 10:14 | Human Rights Right to Water Mon Aug 03, 2020 19:13 | Human Rights Human Rights Fri Mar 20, 2020 16:33 | Human Rights
Lockdown Skeptics
Electric Car Demand Plunges Across Europe Thu Apr 18, 2024 13:00 | Will Jones
Deadly African Heatwave ?Impossible? Without Climate Change, Claims BBC Thu Apr 18, 2024 11:00 | Sallust
Did BioNTech?s Experimental Cancer Drugs Promote Cancer? The Plot Thickens Thu Apr 18, 2024 09:00 | Robert Kogon
Climate Change is Class Warfare Thu Apr 18, 2024 07:00 | Martin Durkin
News Round-Up Thu Apr 18, 2024 01:07 | Richard Eldred
Voltaire NetworkVoltaire, international editionThe cost of war, by Manlio Dinucci Wed Apr 17, 2024 04:12 | en Angela Merkel and François Hollande's crime against peace, by Thierry Meyssan Tue Apr 16, 2024 06:58 | en Iranian response to attack on its consulate in Damascus could lead to wider warf... Fri Apr 12, 2024 13:36 | en Is the possibility of a World War real?, by Serge Marchand , Thierry Meyssan Tue Apr 09, 2024 08:06 | en Netanyahu's Masada syndrome and the UN report by Francesca Albanese, by Alfredo ... Sun Apr 07, 2024 07:53 | en |
Der Spiegel bombshell: The IMF plans to dump Greece
international |
eu |
other press
Monday July 23, 2012 00:04 by T
Whats in store for Ireland As reported by the financial blog The Automatic Earth written by Nicole Foss, she has reported that the German magazine Der Spiegel dropped a bombshell this morning in an article that the IMF plans to dump Greece in September. So far the Der Spiegel article is in German. Normally they will eventually publish articles in English. The rest of the article goes on to point out that the IMF doesn't think that the Athens government will be able to bring down Greece's debt to 120% of GDP by 2020 and the troika estimates that giving Greece more time to achieve its goals would cost an additional €10 billion-€50 billion. Many eurozone governments, however, are no longer prepared to shoulder new Greek burdens. Moreover, countries like Holland and Finland have made their help contingent on IMF participation. |
View Comments Titles Only
save preference
Comments (1 of 1)
Jump To Comment: 1Foss is one of the more pessimistic writers re the global financial crisis. I think she argues
that inially there will be a deflationary depression for a number of years and then the governments
will start trying to print their way out of it.
She advises taking on no debt and having local networks of self-sufficiency to fall back on.
She has said she does not think the EU will survive the crisis intact. The future she describes is
dystopian, I sure hope she's wrong.