The Greek debt crisis is topping the agenda at today’s G20 summit in Cannes after Prime Minister George Papandreou announced Thursday that the country would hold a referendum on its bailout package. Follow the day’s events on our live blog.
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President Sarkozy is appreciated by the Greek people and defined as a great leader. The insanity and lack of leadership of Papandreou does not represent the Greek people that are looking towards stability and a European future even at those extreme difficult times that are going through with the extreme austerity.
Please show documentaries on beekeeping...France/elsewhere.
Do you have any in archives/or coming soon?I live in N.Ireland and I'm a senior citizen.Even a programme on urban beekeeping(paris?) would be interesting
Greek might be in a better position to opt out of the euro. In case Greek prefers to continue to stay within the euro zone, they might increase their debt burden on a continuous basis as things are likely to get dearer in the future.
If opted to stay outside of euro, then the question of currency valuation arises, and taking the current situation of the country they might have to value low of themselves. The other way is support their local currency with euro reserves and keep fingers crossed till their economy props up in a year or so, but they really really got to work tough to see themselves out of all this. this is a very crucial time for them and I hope they make the right decisions to opt out of euro and take effective measures to promote domestic growth.
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