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Saturday, July 20, 2013

Doukas Says Greece Can?t Repay Loans

Petros Doukas Petros Doukas, who served in the finance ministry under former premiers Konstantinos Mitsotakis and Costas Karamanlis, said Greece will have to give its international lenders at least a 40 percent loss – a so-called ';haircut'; – because despite $325 billion in two bailouts they’ve put up that there is no way the monies can be fully repaid. He refuted ...

READ THE ORIGINAL POST AT www.greekherald.com