With 26 Trillion In Currency Derivatives At Risk, The Day Of Reckoning For The Euro Has Arrived | WHAT REALLY HAPPENED

With 26 Trillion In Currency Derivatives At Risk, The Day Of Reckoning For The Euro Has Arrived

This is the month when the future of the eurozone will be decided. This week, Greek leaders will meet with European officials to discuss what comes next for Greece. The new prime minister of Greece, Alexis Tsipras, has already stated that he will not accept an extension of the current bailout. Officials from other eurozone countries have already said that they expect Greece to fully honor the terms of the current agreement. So basically we are watching a giant game of financial “chicken” play out over in Europe, and a showdown is looming. Adding to the drama is the fact that the Greek government is rapidly running out of money. According to the Wall Street Journal, Greece is “on course to run out of money within weeks if it doesn’t gain access to additional funds, effectively daring Germany and its other European creditors to let it fail and stumble out of the euro.”

Webmaster's Commentary: 

Russia has rolled out the red carpet to Greece. The EU hard line may shove Greece down that path!

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