Contagion Catch 22; Finland Opposes Greece Bailout Deal; No Scope for Solutions

Even if Finland was agreeable to bailout changes, the Size of Greece’s Debt Limits Scope for Solutions . Eurozone finance ministers agreed in November 2012 to consider further debt relief for Greece once it reached a budget surplus before interest payments, which it did for the last two years, and as long as it stuck to its promises of austerity and reform. But how much scope is there to reduce Greece’s debt burden

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Contagion Catch 22; Finland Opposes Greece Bailout Deal; No Scope for Solutions