Thursday, July 5, 2012
Shock & Surprise!
"Greece's new finance minister, Yannis Stournaras has admitted that the country is "off-track" to meet the conditions of its bail-out agreements". " Mr Stournaras is under intense public pressure to renegotiate the tough austerity measures with the visiting delegation". (You couldn't make it up, could you?). Meanwhile...Russia is offering Cyprus cheaper bail-out loans than the EU and IMF, president Demetris Christofias said on Wednesday.