Posts Tagged ‘“Bailout” Takeovers’

Things More Worrisome than AGW: “Bailout” Takeovers

Monday, May 30th, 2011

Source: Financial Times

Greece set for severe bail-out conditions

By Peter Spiegel in Brussels, Quentin Peel in Berlin and Ralph Atkins in Frankfurt

European leaders are negotiating a deal that would lead to unprecedented outside intervention in the Greek economy, including international involvement in tax collection and privatisation of state assets, in exchange for new bail-out loans for Athens. [SPPI note: See book quote below]

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