Greece Finances Meltdown
Published / Last Updated on 21/04/2010
by Ashley Clark, Director
Wolfgang Schauble the German finance minister has urged the German people to back a joint EU and International Monetary Fund (IMF) bail out of £40bn for Greece.
Mr Schauble said that failing to act would risk a financial meltdown. He said: “we cannot allow the bankruptcy of a Euro member state like Greece to turn into a second Lehman Brothers. The consequences of a national bankruptcy would be incalculable”.
Useful links:
Contact us - Book Callback - Free Consultation - Newsletter - Money MOT - Discounts
