Will Greece default in 2012? Will Greece default in 2012? Will Greece default in 2012? Will Greece default in 2012?

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Will Greece default in 2012?

 
Asked by: Super Userkruijs in Business » Economics
Settled on 12/31/2012 22:35 by Super Userkruijs
settled question on option 'No'.

Background


Greece is under heavy pressure from its creditors to implement further austerity and structural measures if it wants to get a second, €130 billion ($171 billion) bailout, and avoid bankruptcy.

Representatives of Greece’s public creditors — the European Union, the European Central Bank and the International Monetary Fund — have concluded a meeting with Prime Minister Lucas Papademos, who, in turn, will meet the leaders of the three parties backing his three-month-old coalition government Sunday afternoon.

http://www.washingtonpost.com/business/markets/eurogroup-ministers-to-discuss-terms-of-greeces-second-bailout-in-teleconference/2012/02/04/gIQAlgO8oQ_story.html

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