Sunday 27 May 2012

Greece warned of finances collapse

Greece's public finances could collapse as early as next month, leaving salaries and pensions unpaid unless a stable government emerges from the June 17 election, according to Lucas Papademos, the technocrat prime minister who left office after this month's inconclusive vote.

Source: http://edition.cnn.com/2012/05/27/business/greece-public-finances-warning/index.html?eref=edition

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