http://globaleconomicanalysis.blogspot.com/2011/05/ecb-board-member-says-greece-can-raise.html
Out of the Woods?
If Greece has a debt of 330 billion euros but can get rid of 300 billion euros of it by selling assets, then why does Greece need more aid? Has Greece all of a sudden turned a solvency problem back into a liquidity problem?
Color me skeptical.
If it was so easy, why hasn't it been done? I sense a bazooka bluff statement from Stark hoping to buy more time.
Out of the Woods?
If Greece has a debt of 330 billion euros but can get rid of 300 billion euros of it by selling assets, then why does Greece need more aid? Has Greece all of a sudden turned a solvency problem back into a liquidity problem?
Color me skeptical.
If it was so easy, why hasn't it been done? I sense a bazooka bluff statement from Stark hoping to buy more time.
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