Greece’s Situation Continues to Worsen
April 22, 2010 at 15:06 PM EDT
The Greek economic situation is worsening fast. Investors are demanding punishingly high interest rates – over 8.7% for 10-year Greek bonds – as the country’s budget deficit for last year was revealed to be worse than expected. The European Union’s statistics office Eurostat disclosed on Thursday Greece’s 2009 ballooning budget deficit was 32.34 [...]
