Wednesday, May 5, 2010

Beware The Greeks...

I'm going to dig into this a little more, but the Greek Debt Crisis is deepening with every passing day. Protests turned violent in Athens today-- and although a bailout package has been negotiated, with Germany footing a sizable chunk of the bill, Chancellor Angela Merkel will be biting her nails very nervously this Sunday as a key state election in North Rhine-Westphalia could deliver a reluctant thumbs up for her bailout package from the German electorate or a stinging rebuke that could cost her a majority in the Bundesrat, Germany's upper legislative chamber.

Not sure what the economic ins and outs of this are yet, but I'll dig a little here and there and try and find out...

No comments:

Post a Comment