Thursday, February 12, 2015

Stalemate on Greek Bailout Continues

Although there was a report yesterday from CNBC that a deal was reached between Greece and the banksters on the Greece government's debt., that does not yet appear to be the case.

Formal negotiations between Greece and eurozone finance minister failed  according to the EU Observer. to reach an agreement or a framework for further talks on Greece's debt burden. The group meets again on Monday, no agreement is reached before February 28, when Greece's bailout program expires, the European Central Bank is expected to cut off funds to the country.

 -RW

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