Showing posts with label Failed State. Show all posts
Showing posts with label Failed State. Show all posts

Tuesday, March 31, 2015

Here's the 'ugly scenario' that's about to happen if Greece doesn't get a bailout deal


By MIKE BIRD

MAR. 31, 2015, 3:00 AM     
Greece's bailout talks aren't going very well.

Prime Minister Alexis Tsipras addressed Greece's parliament late on Monday, but he gave little new indication on a deal. Greece tentatively agreed back in February to extend its existing bailout, but a lack of technical detail means its creditors still haven't paid up even as the country is fast running out of money.

So what happens if Greece doesn't get the cash?