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Greece begs World Bank for loan as it risks defaulting plunging eurozone into crisis

Lynsey_ADMIN_Lynsey_ADMIN_ Administrator

GREECE has requested a loan form the World Bank as it attempts to thrash out the details of its £73billion eurozone bailout.

The Greek government has requested “financial assistance” from the World Bank, for an unknown amount. 

If accepted, the loan will plunge Greece even further into debt as protests grip Athens against austerity measures. 

A World Bank spokesman said: “The government of Greece has asked the World Bank to provide technical and financial assistance to address pressing challenges including: long-term unemployment, economic competitiveness and growth and social protection.

http://www.express.co.uk/news/world/774507/greece-world-bank-loan-eurozone-crisis-bailout-imf-eu

 

"Before you embark on a Journey of Revenge, Dig Two Graves" Confucius (504 bc)
“The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis.”
"If angry, count to ten. This will give you time to find a weapon." - Will Spencer

Comments

  • Lynsey_ADMIN_Lynsey_ADMIN_ Administrator
    "Before you embark on a Journey of Revenge, Dig Two Graves" Confucius (504 bc)
    “The darkest places in hell are reserved for those who maintain their neutrality in times of moral crisis.”
    "If angry, count to ten. This will give you time to find a weapon." - Will Spencer
  • Matt_ADMIN_Matt_ADMIN_ Administrator
    +1
    -------------------
    "...Say, 'GOD is sufficient for me.' In Him the trusters shall trust." (Quran 39:38)
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