Tuesday, June 30, 2015

How Greece’s Debt Has Shifted Since the Last Bailout

At the end of 2011, shortly before the first bailout, the split of debt holdings was roughly a third each for banks, shareholders, and governments/international organisations.

Now, governments and supranational organisations own three-quarters with Eurozone members holding 60%, the European Central Bank 6%, and the International Monetary Fund 10%.

This is the main reason the EuroZone is playing hardball, they no longer feel pressure from the private bankster elite.


(via World Economic Forum)

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