Greece To Bailout Banks… AGAIN! Greek Banks Have Dropped 40% in 2018!

in #money6 years ago


Greece is at it again. They just got off their own bailout from the Troika and now they are considering bailing out their banks. How is it possible that their banking system is remotely stable? The failure of our current economic model is ever present. Greece is simply facing the music earlier than other countries.

Greece Is Said to Weigh Bank Bad-Loan Plan After Stock Rout - Bloomberg
https://www.bloomberg.com/news/articles/2018-10-04/greece-is-said-to-weigh-bad-loan-vehicles-amid-market-pounding
Greece to abolish capital controls by early 2019 | Business | ekathimerini.com
http://www.ekathimerini.com/232882/article/ekathimerini/business/greece-to-abolish-capital-controls-by-early-2019
The full terms of Greece's bailout exit decided by the Eurogroup | Business | ekathimerini.com
http://www.ekathimerini.com/229955/article/ekathimerini/business/the-full-terms-of-greeces-bailout-exit-decided-by-the-eurogroup


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Congratulations 🍾🎈🎊🎉 on your award ❗️Greece 🇬🇷 is so screwed . I don’t think the rest of Europe is going to stand either .