Tuesday, February 14, 2012

Happy Valentine's Day -- and more on Greece

A Greek default is looking more likely as Greek leaders work to reassure their Eurozone partners that they are capable of implementing the reforms passed this past weekend, and that they are ready to make even more cuts.  Protests continue, with pensioners and others on the streets.

From Business Insider Mike "Mish" Shedlock
http://www.businessinsider.com/the-latest-greek-deal-is-already-unravelling-2012-2

From the UK Guardian -- Greece Stumbles Defiantly Towards Default:  http://www.guardian.co.uk/business/2012/feb/15/greece-stumbles-defiantly-towards-default
and Eurozone ministers cancel meeting: http://www.guardian.co.uk/business/2012/feb/14/eurozone-ministers-cancel-greece-meeting

From Reuters: http://news.yahoo.com/greece-faces-tough-job-seal-rescue-034908192.html
The reforms in detail from CNN: http://www.cnn.com/2012/02/14/world/europe/greece-austerity-detail/index.html?hpt=wo_c2

Opinion -- is extreme austerity breeding radicalization of politics? http://edition.cnn.com/2012/02/13/opinion/greece-politics-opinion/index.html?hpt=ieu_t3


lest we forget the rest of Europe -- Moody's downgrades: http://www.spiegel.de/international/europe/0,1518,815097,00.html

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