Greece Will Default in May Without Another Bailout or Change in Terms

Greece Will Default in May Without Another Bailout or Change in Terms

January 18, 2014 0 By News Desk
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Greece Will Default in May Without Another Bailout or Change in Terms Cash flow analysis shows Greece is in serious trouble again in spite of having a current account surplus. Specifically, Greece needs a change in payback terms or another bailout or it will default in August, if not May. I use the words "will default" imprecisely.

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Greece Will Default in May Without Another Bailout or Change in Terms