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Why Is Giving Greece The Boot So Challenging?

By Karim Rahemtulla

The European Union has a tough decision to make…

Newly elected Greek Prime Minister Alexis Tsipras and Greek Finance Minister Yanis Varoufakis are currently traipsing across Germany to meet with eurozone officials.

The motley pair are trying to convince the EU to agree to a debt-swapping plan that will essentially forgive Greece of its $360-billion foreign debt until the country’s struggling economy begins to expand. Whenever that is…

However, documents leaked from Germany say that the country will not tolerate any “rolling back” of existing austerity measures.

Indeed, the EU doesn’t want to make an exception for this corrupt economy. At the same time, though, they’re trapped by the fear of the unknown…

A Slimy Partner

The eurozone can only blame themselves for inviting Greece to join the consortium in the first place. You see, the EU needed more members to make the new currency work.

What… Read More …