Eurozone tells Greece to ready new cuts, taxes
Europe • February 2010 • Views: 405
I’m guessing the Greek population will not accept austerity measures easily. Does this mean that the euro debt will be monetized leading to more inflation? Everyone is aware that Portugal, Italy, Ireland, and Spain are saddled with similar debt, so they watch closely how this is handled. Even the non-conspiracy people start to talk about a Global currency or even a separation into a single Western and single Eastern currency block.