Day: 4 June 2011

Greece: Nemesis for the Banks.

June 4, 2011 By Malcolm Blair-Robinson

There appears to be agreement for another Greek bailout. There is also increasing noise about a coming default, perhaps described by some other spin, but amounting to the same thing. At present it is very difficult to see where the economic activity to get Greece out of its debt morass is going to come from. […]