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Latest blogosphere posts tagged “greek debt”
Things are looking up in Greece – that’s what Greek ministers have been telling the world of late, pointing to the substantial and rapidly improving primary budget surplus the country is generating . Yet the country’s creditors should beware of Greeks bearing surpluses. A primary budget surplus is a surplus ...1 week ago
Greece’s “Meaningless” Debt; Puppies Beg for Treats; Euro Debate Greece Isn’t Having; Sisyphean Tasks
globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / November 24, 2013 4:53 PM Greece’s “Meaningless” Debt The Debt-to-GDP ratio in Greece is now at 175% and rising. Recall Troika statements said anything over 120% was unsustainable. Yet each quarter debt and debt service ratios rise. Now, ...2 weeks ago