Dow Jones: Bridge loan possible to allow Greece to pay March bond redemption

Author: Jamie Coleman | Category: News

That would take the immediate risk of default off the table…

  • Would allow for a delay of full bailout until after the election

Now that’s smart, for a change. Greek politicians would have to run on supporting the bailout or risk not getting it. Les chance for “adjustments” after the election under this scenario. But it’s still Greece, at the end of the day, and they won’t live up to the terms of the bailout because the the terms are unachievable without economic growth…

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