Greeks deal with debt

Dick Taffe — Fri, 05 Mar 2010 21:04:23 +0000

Greece has announced austerity measures to rein in the country’s debt that threatens the European Union’s euro currency — and in the process triggered public outrage and demonstrations. International Relations Professor William Keylor, an authority on U.S.-European relations, says the Greek government seems to playing a game of chicken with the EU.

“By hinting that it might approach the International Monetary Fund for an emergency loan, it is threatening the eurozone with a huge embarrassment if it does not come to Greece’s aid. No developed country has gone hat in hand to the IMF since Britain had to do so thirty four years ago.”

Contact William Keylor, 617-358-0197, wrkeylor@bu.edu

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Greeks deal with debt