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Argentine advice for Greece: Default Now!
Here in Argentina, when we watch the terrible things that are happening today in Greece, we can only exclaim, “Hey!! That’s exactly what happened in Argentina in 2001 and 2002…!”
A decade ago, Argentina too went through a systemic Sovereign Public Debt collapse resulting in social turmoil, worker hardship, rioting and street fights with the police.
Some months before Argentina exploded,...
EU stocks fall amid Greece default fears
European stock markets fall as Greece seeks to convince EU and IMF officials it can avoid a default, 2011-09-19.
European stock markets have plunged once again amid fresh fears of Greece defaulting and more signs of economic weakness in the region.
Frankfurt’s DAX 30 index fell by 3.20 percent, while in Paris the CAC 40 dived 2.73 percents on Monday, AFP reported.
The London FTSE 100 index plunged...
'It's all over for Greece' as Euro endgame looms
The “endgame” in the eurozone’s debt crisis is fast approaching, analysts declared yesterday, amid growing warnings from politicians and bankers that the reality of a Greek default and possible exit from the eurozone can be denied no longer.
German chancellor Angela Merkel and French president Nicolas Sarkozy will hold a conference call with Greek premier George Papandreou today,...