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Acropolis Now: 'Debt' down to 'default' as EU plugs Greek leak

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Uploaded by on Jul 22, 2011

A major U.S. credit agency says it will downgrade the Greek debt to default status as a result of the second bailout for the country. The plan agreed by EU leaders, includes both government and private loans totaling around 150 billion euros. The move has boosted the single currency for now, but critics say it's only plunging the struggling Eurozone into an even deeper debt hole.

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  • they want to destroy greece and democracy. make the people slaves for no reason

  • Oh shit. Watch out for Monday.

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  • @14809rob

    So, withholding money would be the solution?

  • shame on the greedy banks, long live ouzo and bouzouki

  • EU-ECB :New Jobs+Growth plan is a must, media manipulators w/ 3 Credit Rating Agencies & Gold ETF shorters are pushing nonsense stories to crash EU markets and get assets very cheap(EADS,energy...)and to distract from NewsCorp.-Murdoch crimes, solution:Solar-Wind-Wave Energy,hybrid-electric plug-in cars-trucks,geothermal- fuel-cells, filters-soaps for coal power plants,bio-fuels-camelina-seaw­eeds-jet-fuel, manufacturing+ installation: where is the new Plan +new Jobs? financialtools1.blogspot.com

  • Once a major civilization, Greece cannot cope with the EU invasion.

    Credit to them.

  • @mlk22771 Germany is giving Greece a bailout which is putting them into more debt they are treating greece like shit for there debt crisis and those two countries pretty much run the european union

  • @Gary190tube

    but the scum elite will keep it afloat they wont let the euro die they will enslave every country they want global domination.

  • @MarshallJukov You're really not familiar with USSR, are you?! I lived there in 1980 and beyond. And, the living standards weren't what you say they were. The difference in arrests is that in 1937 KGB killed most of those people. And I think your figure is incorrect. Total victims of Stalinist repression sand in the MILLIONS (which included my Great Aunt, who was a translator of English).

  • Stop worrying US/Europe. Your pride and joy, ISRAEL, the country you're willing to sacrifice the lives of your children for, give up your jobs for, and donate your savings to, has your best interest at heart. Don't believe me, just asks our savior. No I'm not talking about Jesus, the no-show for 9/11, Katrina or Fukushima. I'm talking about the likes of Bernanke, Blankfein and Netanyahu.

  • The bankters are being exposed but still want to secretly rule the world by poking their puppet leaders to speak for them. Very interesting. How's Iceland doing?

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