It’s A Very Critical Moment: The Euro Zone Is Now Facing The ‘End of World’ Risk. When You Look At What Happened In The Last Days Of Lehman Brothers, The Similarity Between Greece And Lehman Is Frightening! When All Negotiations Break Down, Everything Collapse!!
Investmentwatchblog.com
October 17th, 2012
End of Greece imminent?
The Troika has left the negociating room today, something’s boiling…
Greece’s negotiations with international lenders hit another snag on Oct. 16 when the envoy of the International Monetary Fund (IMF) broke off talks and said he had to brief the agency’s chief, Christine Lagarde on the lack of progress.
The abrupt departure of Poul Thomsen, the head of a team that also includes representatives from the European Union and European Central Bank in the so-called (EU-IMF-ECB) Troika, postponed the talks, dashing Prime Minister Antonis Samaras’ hopes of reaching a deal on $17.45 billion in spending cuts and tax hikes before an Oct. 18 meeting of EU leaders.
**Greek Troika Talks End Abruptly Following “Complete Disagreement”
**Samaras Faces Coalition Revolt Over Lenders’ Demands
** Greece’s biggest company flees
** The next euro storm is in Italy
** IMF urges aid for Italy, Spain but Rome baulking
** UK Banks Must Prepare for ‘End of World’ Risks: BoE
The Rest…HERE
