A Greek bail-out at last but no real solution

Commentary feature in which Wolfgang Munchau argues that despite a Eurozone deal announced on the 11 April 2010 to help Greece, the numbers still don’t add up and he predicts that Greece will still eventually default on its debt.

And what will the EU do if the situation worsens for other challenged countries such as Portugal and Spain?

ESO: Background information: Eurozone makes €30bn Greek promise http://www.europeansources.info/record/eurozone-makes-e30bn-greek-promise/

ESO: Background information: Why the Greek rescue isn’t going to plan http://www.europeansources.info/record/why-the-greek-rescue-isnt-going-to-plan/

ESO: Background information: Greece will default, but not this year http://www.europeansources.info/record/greece-will-default-but-not-this-year/

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