Let’s Toast The Greek Bailout

Dalton, Matthew.

Greece still needs its international creditors from the euro zone and the International Monetary Fund, but it needs them much less than when its now-despised bailout program began in 2010.

How so? The IMF and the European Commission, the EU’s executive arm, project that Greece’s primary deficit – that’s the government deficit excluding interest payments – will be 1% of gross domestic product in 2012.

Πηγή: The Wall Street Journal

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