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Oct 6, 2011

Greece Decision Tree

The BBC posted a decision tree for the future of the Greek Crisis. On the top with what will happen at the end of October, whether Greece will meet the austerity demands. It probably won't, but then the question is does the Troika (IMF, ECB and EC) have enough confidence Greece will take more measures to get the targets. If it does the Troika will release the sixth tranche of the first bailout money, if it doesn't Greek banks (and banks around the world which have a lot of Greek Debt) and/or Greek government workers are in trouble.

BBC

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