The Traderszone Network

Published in TZ Latest News 25 May, 2015 by The TZ Newswire Staff

Greece Was 20 Votes Away From Defaulting This Weekend

Up until this moment, Greece may not have had the financial wherewithal to pay its creditors, forced instead to use circular math gimmicks in which the IMF paid the IMF for the country’s most recent €750 million due on May 12 when it effectively pre-defaulted and used SDR reserves as “payment”, but at least it had a united facade when facing Europe and political cohesion when dealing with the Troika.

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