The rescue package for Greece just seems to get bigger and bigger from the initial Euro $40b and then upped to $110b and upped to $140b over the last few days. This just goes to show that Greece is hiding massive debts from the EU members. Furthermore, EU has to setup a massive emergency fund to defend euro. What happens if Spain or Portugal also collapses? How is EU going to find money to help its member?
EU has put together a total of Euro $720b for Greece and Europe to defend the currency.
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