Greece – euro crisis

15 May
“That disconnect (stay in the euro but anti-austerity) is apparent in the way that Greeks talk about the arrangement with their international creditors. While everyone else refers to a bailout or a loan programme, Greeks speak incessantly of the mnimonio, or memorandum, as if the legal document setting out unpopular conditions were somehow distinct from the €170bn in loans attached.”

FT – Joshua Chaffin and Kerin Hope in Athens

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Posted by on May 15, 2012 in Quotes


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