June 21, 2011 at 12:26 am
Some sort of default looks inevitable as the Greek debt crisis worsens.
The Eurozone countries are insisting on austerity measures as a condition of further bail-out loans. The Greek people do not seem to accept that drastic austerity measures are required so even if a Greek government could agree on austerity measures that government is unlikely to get the support of the people.
http://www.bbc.co.uk/news/business-13832164
So, anybody got any ideas?