Greece’s Prime Minister Antonis Samaras speaks to the media. Greece’s continuing financial crisis leaves further bailouts in question.(LOUISA GOULIAMAKI/AFP/Getty Images)
Greece’s Prime Minister Antonis Samaras speaks to the media. Greece’s continuing financial crisis leaves further bailouts in question.
(LOUISA GOULIAMAKI/AFP/Getty Images)

Germany and IMF to Force Greece Out of Euro?

July 24, 2012  •  From theTrumpet.com
Both Greece and Spain say they may need another bailout as the eurozone continues to build to a crisis point.
 

Greece is again on the path to a euro exit, as it needs more money to keep up with its bailout program—money that Germany and the International Monetary Fund (imf) refuse to give.

After a stormy set of elections, Greece has fallen behind in implementing the reforms it committed to in exchange for its €130 billion bailout package. Greece is asking for more time, but the imf has said that the delay will cost it €10 to €50 billion more.

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