The Traderszone Network

Published in TZ Latest News 30 March, 2017 by The TZ Newswire Staff

Greek Bailout Hits A New Low Amid Forced Liquidations Of State Assets

From Mike Burnick: Greece needs to sell 6 billion euros of state-controlled assets by 2018 – to fulfill terms of the country’s previous bailout – before securing more cash.

The asset sales are a maneuver to privatize parts of Greece’s infrastructure and to satisfy the ongoing 86 billion-euro bailout with the European Union.

You read that right: 86 billion euros in bailout money.

These asset fire sales include …

read more