in Greece, Prime Minister Papandreou (George Papandreou) announced that it will not restructure debt structure, Greece plans by austerity measures such as financial and sales of State-owned assets to achieve total value of EUR 76 billion deficit reduction targets.
Greece finance 15th in a message statement that, Greece will pass the austerity spending cuts before the year 2015 260 euro deficit, through the sale of State assets to raise 50 billion euros. These measures will enable the financial deficit in 2015 fell to 1% per cent of GDP, and 2011 targets are gross of 7.4%.
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G20 look prevention crisis plan research economic recovery face of risk euro and dollars Lee difference or expanded RMB exchange rate insurance keep 6.53 mark concerns debt problem deterioration euro disk in the diving Singapore gold tube Council again tightened currency policy Europe debt crisis will by control Euro heavy picker rally dollars fell configuration dollars assets in the Nick of time [RMB premium][market Center]in a bit Germany officials said Greece may need again agreed its debt terms Hou , Greece bonds interest rates soared to record levels. 3:20
15 day London time, holding a 10-year Greece debt relative to the benchmark Germany premium bonds interest rates rose to 1,043.63 basis points and reached the highest value since the 1999 euro launch. Current Greece 10-year bond yield is 13.82%.
15th Papandreou earlier said Greece faces is not a problem through the restructuring of debt that will be solved by, rationalization of the country. Even if the current debt miraculously disappear, without reform, Greece still face debt problems in the future.
