WEB Notes: One thing is certain if it benefits the people it will not be mainstream news or even happen. Now reports are swirling that Greece is looking for a bailout. You better believe no matter the outcome it will benefit the children of Satan.
Greece Requests Three-Year Bailout in First Step Toward Meeting Creditors’ Demand
Source: WSJ | Greece formally requested a three-year bailout from the eurozone’s rescue fund Wednesday and pledged to start implementing some of the overhauls demanded by creditors by early next week, according to a copy of the request seen by The Wall Street Journal. – Read More – WSJ
Russia offers debt-ridden Greece funds from Brics bank
Source: IBT | Russia has said that debt-ridden Greece can borrow money from Brics’ New Development Bank to crawl out of its present crisis.
In order to be eligible for the funding, it is enough if Greece buys shares in the recently-launched bank, said Russian Deputy Finance Minister Sergey Storchak.
“If they buy, so to speak, a few shares and become members of the bank, they will be able to count on the resources. We do not have any co-relation between a contribution and an amount of funding. There is general agreement that the system of the countries’ assets will be balanced.” – Read More – IBT
Greece Given Until Sunday to Settle Debt Crisis or Face Disaster
Source: Telegraph | Frustrated European leaders gave Greece until Sunday to reach an agreement to save its collapsing economy from catastrophe after an emergency summit meeting here on Tuesday ended without the Athens government offering a substantive new proposal to resolve its debt crisis.
“The situation is really critical and unfortunately we can’t exclude the black scenarios of no agreement,” said Donald Tusk, the president of the European Council, warning that those possibilities included “the bankruptcy of Greece and the insolvency of its banking system” and great pain for the Greek people. Also looming ever larger was the prospect of Greece leaving the European currency union. – Read More – Telegraph
“This is the most critical moment in our history” – five days to save Greece from the abyss warn European leaders
Source: Telegraph | The European Union faces “the most critical” moment in its 64-year history, after leaders warned they had five days to prevent Greece from careering out of the euro and into a full blown humanitarian crisis.
“Our inability to find agreement may lead to the bankruptcy of Greece and the insolvency of its banking system”, said Donald Tusk, head of the European Council, after talks between Greece and its partners ended without agreement on Tuesday night. – Read More – Telegraph