It has now been reported that for logistical reasons it is very unlikely Greece will be able to draw down on further bailout funds before the week of November 19 at the earliest, notwithstanding the approval of the Greek Parliament on Wednesday of the austerity measures proposed last Monday. This is said to result from:
Topical Reference: Greece won’t get its new round of bailout cash next week, from
The Financial Post, from Associated Press, November 8, 2012 – reading time 3 minutes.
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