“Only a day after grim predictions of financial and social collapse in Greece, a scramble appeared underway to work out the details of a new bailout package to bring the country back from the brink of falling out of the euro. As details of the new offer emerged, it appeared that Prime Minister Alexis Tsipras was capitulating to demands on harsh austerity terms…” Story at…
My cmt: As proposed, Greek loans would total almost 300-billion
dollars since 2010, or about $27,000 per capita.
Optimism on Greece is pushing futures higher Thursday
night and, if the deal is worked out, will likely end the correction that has been threatening.
