Euro zone central banks may roll over their Greek bonds

Comments (1)
dedavidov wrote:

Greece’s debt will be at 110% in 2022…. sure it will, after it defaults and is obligated to do a lot of write-offs.
If someone is to take a look at the real data (for once) and check the reports of the Greek Finance Ministry on public debt, one will acknowledge that debt is not shrinking… its increasing constantly.
In 2009 (before the IMF) its debt levels where approx. 120% of GDP. In 2012 debt is projected to reach 190% of GDP….. Greece is saver! Well done austerity policy believers!

Nov 29, 2012 2:59am EST  --  Report as abuse
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