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Creditors agree terms to disburse Greece's ?8.5bn bailout funds

At last, the EU has come up with a plan to get Greece out of the huge mess it was allowed to drop into.

Creditors agree terms to disburse Greece's ?8.5bn bailout funds

Quote:

For the best part of a decade, Greece has wanted to become a ?normal? country, and late on Thursday it appeared to begin that process, after creditors agreed to disburse ?8.5bn (£7.4bn) of bailout funds aimed at putting the debt-stricken nation back on the road to recovery.

The money, signed off after months of disagreement between the European Union and International Monetary Fund over how to reduce Athens? staggering debt pile, will be released in July, once European parliaments ratify the deal.

Who will eventually pay for that debt?

When will Spain, Italy, Portugal ask to be bailed out?

Quote:

Originally Posted by Paul Markham (Post 21836941)

Who will eventually pay for that debt?

Everyone. Once again inflation with skyrocket. I'm glad that we have not adopted Euro.

Quote:

Originally Posted by H-Tom (Post 21837001)

Everyone. Once again inflation with skyrocket. I'm glad that we have not adopted Euro.

The Czech Republic says it will. No worries though, Czech is one of the countries the EU sends more to than it pays in. :upsidedow