Sunday, May 29, 2011

How About The Keys To The Acropolis

Give us everything that isn't nailed down, much of what is, completely destroy your economy, and maybe, just maybe, we'll do you the favor of bailing out our banksters.

European leaders are negotiating a deal that would lead to unprecedented outside intervention in the Greek economy, including international involvement in tax collection and privatisation of state assets, in exchange for new bail-out loans for Athens.

People involved in the talks said the package would also include incentives for private holders of Greek debt voluntarily to extend Athens’ repayment schedule, as well as another round of austerity measures.