IPFS News Link • European Union
Despite "Austerity" Greek Debt Is Rising At Its Fastest Rate Since March 2010
• http://www.zerohedge.com, Tyler DurdenThe current debt data corresponds to 180% of GDP and thus despite having achieved a primary surplus. the debt is still burdened with the amount of loan interests.
Finance Ministrer Yiannis Stournaras and his economic team try to find ways on how to deal with the issue.
The big question remains: is the debt sustainable? Could a new haircut solve the problem of always increasing debt?