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May 24, 2010

Crisis reality: Greece moves on tax cheats while world ponders future of euro

Greece is working through the direct effects of the crisis solutions as austerity measures begin to hit average Greeks on the streets. No pundit, news organization or international commentator is saying the three-year bailout package from the eurozone and IMF will do more than move the problem a bit further down the road. Many are saying a painful reckoning in Greece is ahead, and the chances that Athens will have to oversee a transfer of Greek status as a member of the "wealthy eurozone" to that of a relatively "poor european tourist site" is real and perhaps unstoppable.


May 2010 News

More May 2010 News

May 19, 2010: "Save Yourself Anarchy" in the EU

May 19, 2010: Short selling blocked while Germany begins debates on Greece bailout

May 21, 201: Germany: where the euro problem starts and ends?

May 24, 2010: Crisis reality: Greece moves on tax cheats while world ponders future of euro

May 24, 2010: The new illusion: Greece to become wealthy enough to pay back ever-growing sums of debt

May 27, 2010: Flaws in euro being exposed by crisis

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