Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Tuesday, June 7, 2011

EU must make tough decisions on Greek rescue: IMF

IMF [Institute of Merciless Fiduciaries]: Gimme all you got.

A team from the IMF, EU and European Central Bank reached an agreement last Friday, under which Athens would impose more austerity and faster privatization to cut its budget deficit.

http://www.reuters.com/article/2011/06/07/us-greece-idUSTRE7541RM20110607?feedType=nl&feedName=usbusinessearly