Browsing All Posts filed under »GREECE«

IMF’s Sobering Warning to Countries in Greatest Debt if They Don’t Get their Houses in Order

June 18, 2011


“If you make a list of the countries in the world that have the biggest homework in restoring their public finances to a reasonable situation in terms of debt levels, you find four countries: Greece, Ireland, Japan and the United States,” [Jose Vinals, director of the IMF’s monetary and capital markets department] said. [AlJazeera] Europe […]

Goldman Sachs and Greek Debt Crisis: Investigations by US, EU and Greece

May 16, 2010


Goldman Sachs worries are now global and greater in scope.  Investigations have been initiated in the US, the EU and in Greece to find grounds for legal action against the firm and other US investment banks for their alleged role in creating the fiscal crisis that has impacted world markets. The Greek People and their […]