Tag Archives: greece default argentina IMF EEU Euro bankrupt cool international write-off day

Call It A Day, Greece

Greece joined the EEU with hopes of modernizing its economy and reaping the benefits of one currency, however the banks loaned money to both the public and private sectors of the Greek economy like they were financing a crack binge. Since 2008 the EEU has struggled to lessening the Euro’s risk from the Greek debt. […]