Sunday, February 19, 2012

Greece Continued to be center stage of Euro Crisis

Greece continued to remain the epic center of the Euro Zone crisis. Although the crisis is also being faced by other Countries like Spain , Italy , Portugal , Ireland all news are moving only around Greece. After lot of political up and down Greece political parties could ultimately reach to some consensus to adopt ton austerity plan to convince its supporters .But the good news remain very short as the EU leader were not convinced about the arrangement .  They have decided to give bailout package only if the austerity plan is implemented which looks very difficult due to Public protest .It is also learned that Greece Government has also reached to some arrangement with Private Creditors for Debt restructuring.  

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