Greeced Lightning! Will Greece Default? Will Athens Cut a Financial Deal with Moscow and Beijing?

We seem to have finally arrived at some sort of moment of truth regarding Greece and their inclusion in the EU. The speculation is they will be out of money by April 9th, this Thursday, unable to make a less than 500 million euro payment. Please keep in mind they have already been raiding the country’s pension plans […]

Greece Said To Prepare “Grexit”, Drachma, Bank Nationalization Plans

by Tyler Durden On Thursday morning, we took an in-depth look at what the progression of events is likely to be in the event a cash-strapped, negotiation-weary Greece finally, for lack of will or for lack of options, fails to scrape together enough cash to pay its creditors. As BofAML notes, a missed IMF payment […]

Athens warns of bad consequences if talks with EU fail

Greek Energy Minister Slams “Unscrupulous, Imperialist” Germany, Will Seek “Bold Alternatives” In Russia

Submitted by Tyler Durden on 03/28/2015 14:05 With fresh rumors springing late on Friday that “this” just may be the weekend Greece – with close to no funds left in either the financial or government sector – imposes capital controls, a precursor to a full-fledged Grexit, the situation in Athens is on a knife’s edge. […]

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