Quote:
Originally Posted by O.A.F.K.1.1
The whole process is basically rest of Europe holding the money hostage until Greece implements much needed structural and social reforms.
Every time Greece actually does something, IMF and Co. gives the debt a haircut in market value without changing the book balance.
Notice even in the graphic posted by Greece's MoF, 5.6 billion more goes in Greece than goes out of Greece.
Last edited by grizy; 06-29-2015 at 11:22 PM.